Joe - it's a make ahead dish but I have a new version - praline bacon!
As for my lacquered bacon, cook it at least a couple of days in advance or make way in advance and freeze. Just let it cool good before bagging up so it doesn't stick or put plastic wrap between layers just to make sure. Then you can either nuke it, throw it in the oven just for a couple minutes or just let it sit out and come to room temp. And I mean bacon and sugar - hey, bacon is already a method of preserving and add some sugar to coat it, how can you go wrong?
Now for the clencher - add some finely chopped pecans to the sugar mixture - OMG. Also just found a recipe for bacon pralines - going to try a batch this weekend. You have to get Sweet Tea & Screened Poarches or something like that by Martha Foose - got some great twists on Southern foods. This has to be one of the finiest cookbooks I've seen come out in a while.