OK, OK, let me not blaspheme too much. Bacon will never jump the shark in terms of its deliciousness. I avow that I will probably continue to savor and love bacon until I die.
That said, the bacon obsession that leads to a whole subculture based around cured meats is a little over-the-top. What started as a clever Internet meme has now degenerated into a mainstream eccentricity, akin to stamp collecting and Star Wars. Take, for example, this ABC News report about bacon-lovers (on Hulu, no embed), marveling in the type of bacon-obsessive that wraps hot dogs in bacon and makes bacon bourbon. Bacon has stopped being just food and has become a target for ridicule, like the guy who builds extensive train sets in the basement. This is not an appropriate fate for bacon!
The best way to save bacon from its champions is quite simple — just enjoy eating it! Quit putting it on everything and just love it for its existence. I don’t need bacon-wrapped scallops or bacon chocolate (although the Vosges bar is quite good); just slap it in the pan and let it sizzle. Bacon is just food; it was not meant to carry the an entire lifestyle. To paraphrase Nike, just eat it.
Someone must not have a ticket to bacon fest 2010!