That is always the question... how much smoke is enough and how much is too much.
I sometimes over smoke things, especially pork, on purpose. It does not taste very good when you try a slice but after it cooks in a pot of beans for a while... mmm.
If it is to be eaten as-is, then I smoke it less.
This is where experience is the best teacher. You will get a feel for how your times, temps, and smoke density are going to translate into flavor.
There are so many variables too, that it is hard to be really consistent. One thing though.... there is no bad bacon, only good bacon and better bacon, so you can not lose.
BB