Bake until the bacon is crisp and the sugar is bubbly, 15 to 20 minutes. Use tongs to transfer bacon to another oiled cooling rack to drain remaining grease. Leave whole, break in half, or thread on a wooden skewer and transfer to a plate to crisp. (DO NOT put on paper towels or you'll have bits of paper stuck to the bacon.) Serve warm or at room temperature. This can be made several hours ahead.