In reply to Kemics:
I roast them occasionally, and when I do, I use a lot of streaky bacon on them to keep them moist due to the lack of fat.
My favourite recipe that I've invented this winter, however, involves using them in a pie. I've had a few rather high birds that end up a bit mangled after hitting the floor, and they work fine for it. Recipe as follows:
1. Put pheasant in a deep roasting tin with a spot of water & a few rashers of streaky bacon draped over it. Roast in an 180c oven for 30mins, or until just about done (not going hard/crisping up though). Knock up enough shortcrust pastry now to line your chosen pie dish & to cover the top, then place in a plastic bag in the fridge to chill.
2. Whilst pheasant is roasting, finely chop 1 red onion and 2 cloves of smoked garlic (oak smoked is a personal preference), then soften them in a heavy saucepan with a knob of butter. Add 2 roughly chopped leeks and soften too.
3. Fry up a decent amount of gammon offcuts (around 70p/kg at the butchers here) in a frying pan with a spot of olive oil, and when pretty much cooked, add to the veg pan.
4. Put in a dash of white wine and either single cream or milk until veg & gammon is covered, add a bit of salt & pepper and a bay leaf, then turn up the heat until bubbling, then reduce heat & simmer until it thickens.
5. Remove the pheasant from the oven (leave oven on), leave it to cool for 5mins, then rip the meat off in decent chunks and add to the pan. Stir it all in and cook through for 5mins.
6. Grease your pie dish with butter, and roll out the shortcrust pastry to line the dish. Spoon in your meat, veg & sauce mixture (it shouldn't be too runny, but shouldn't be a paste either!), then put the pastry lid on, remembering to poke a vent hole in the middle. Brush with a little milk then lob in the oven (still at 180c) for 45-50mins.
Yum yum!