Instead of using bacon, however, I used SPAM. I can't remember the last time I've eaten spam, but it just called my name a few months ago at the grocery store, and I finally put it to use.
1/4 can of spam, cubed
1 tablespoon oil
1 large red potato, quartered and sliced thinly
1/4 red onion, sliced thinly
2. Add oil to the pan, let heat for a bit and then add potatoes and onions. Cook until potatoes are pretty tender.
3. Add spam back to the pan and cook together with potatoes and onions until potatoes are completely cooked through. I had to cover the pan a few times to help potatoes to get tender (the magic of steam).
4. Serve immediately.
Note: be careful not to over-salt: spam is pretty incredibly salty.