Yeesh, most of you people have seriously never microwaved bacon? It's literally the only way my family does it, and it makes bacon a lot crispier and less greasy...which is a good thing, in my opinion.
What to do:
We have this grease-catcher-thing. I honestly don't know the official name. It's basically like a plate, but with raised parallel lines all across it. It looks a lot like the second product on the link htlcy posted, but it's shaped a little differently.
Put two paper towels on top of the grease-cather-thing.
Put as many bacon slices as you can on top of that without overlapping them (number varies based on size of bacon slices).
Put two more layers of paper towels on top of that.
Microwave for at least 2 minutes, check the bacon and either take out or microwave more. Voila!
You have some bomb-ass tasting bacon.