I guess mine is a little different. But it does taste good. Found out last night that Coke makes it taste better than Pepsi. Always used Coke but had Pepsi on hand so I tried it instead. Not as much flavor. Here is the one we use. I don't use the chilies but use cayenne pepper instead.
Smoky Cola Jerky (Recipe courtesy Food Network Magazine)
Ingredients
1 cup cola
1/3 cup soy sauce
1/3 cup rice vinegar (not seasoned)
1/4 cup honey
Kosher salt
1 to 2 chipotle chiles in adobo sauce, coarsely chopped (I use some cayenne pepper)
1 teaspoon smoked paprika
1 teaspoon onion powder
2 pounds boneless beef sirloin (about 1 inch thick)
Directions
Bring the cola, soy sauce, vinegar, honey and 1 tablespoon salt to a simmer in a saucepan over medium heat. Cook,
stirring, until reduced to 1 cup, about 12 minutes. Remove from the heat and stir in the chipotles, paprika and onion
powder; let cool completely.
Trim the excess fat from the beef and slice on an angle into 1/4-inch-thick strips. Combine the strips and cola mixture in a
resealable plastic bag and shake to coat. Press the air out of the bag, seal and let marinate in the refrigerator at least 24
hours and up to 3 days.
Position a rack in the center of the oven; line the bottom of the oven with foil. (I smoke mine in the smoker)
Drain the meat, discarding the marinade.
Stick a toothpick through the end of each strip of meat. Starting at the back of the oven and working forward, arrange each
piece of meat between the grates of the oven rack so the toothpicks rest on the grates and the meat dangles below (do not
let the meat touch the rack). Alternately, cook the beef in a
dehydrator according to the manufacturer's instructions.
Heat the oven to 200 degrees F. Bake until the jerky is dry but still bendable, 2 to 3 hours. Carefully remove from the oven
and remove the toothpicks. Let cool completely. Refrigerate in an airtight container for up to 2 weeks.