I actually tried to do the caramelized version at one time... I had problems with most of the sugar running off the bacon and into the pan... where it carbonized. I think I may have had the oven set too high or something.
Now if you wrap the 'caramelized' version around a smoked sausage and ovenize it @ 350 for a half hour... mmm.
Into the fires of forever, we will fly through the heavens, With the power of the universe we stand strong together
Through the forcing of power, we will soon reach the hour, For victory we ride, Fury of the Storm!