Made some homemade bacon last weekend that turned out great! I also cold smoked some cheese while the bacon was smoking, not wanting to waste any smoke.
Here are some pics.
I use a tube smoker made by A-MAZE-N products. It runs around $30 and can turn any grill into both a cold and hot smoker. It burns the same wood pellets that my pellet grill uses.
More pics and recipe here.
I have to say I am pretty happy with the results. If there is a coming bacon apocalypse I am all set to make my own.