I do almost the same thing -- using a jellyroll pan (~quarter sheet), with a wire cooling rack... however, I don't put water in the pan, and I bake (starting with a cold oven) going up to about 350 degrees, rather than using a broiler. Takes me about 25 minutes, but it's a function of how fast your oven is....
Rendering the fat approach is good, but I prefer it baked because it's much lighter and less fatty (especially if you blot the bacon with a paper towel before serving like I do ;-).
Hey, that's almost how I do it.
Date: 2008-11-03 09:03 pm (UTC)Rendering the fat approach is good, but I prefer it baked because it's much lighter and less fatty (especially if you blot the bacon with a paper towel before serving like I do ;-).