Definitely bake at 375° on a baking sheet or on a cast iron griddle with grilling ridges (sprayed with olive oil spray) in the oven so it doesn't sit in the grease, then drip drain while pulling it off to reduce as much fat as possible, cook time usually about 15 min. Is it the best method? IMO, as it cooks it evenly and with less fat, yes. Is frying it in its own fat more flavorful? Yes. Is it healthier baked in the oven? Definitely yes. Does it allow me to have a little bacon once a month? Yes! Sacrifice some flavor, but don't throw out the baby with the bathwater. And, I use lo-sodium bacon too.