Take a package of bacon (if you can get pancetta and you want to spend the big dough, go for it) and cut it into bite-size pieces. Fry it up in some olive oil.
Put a pot of pasta on to boil--I like to use Rotini, but anything you have will work.
Add a bunch of minced garlic, basil, and red pepper-flakes to the bacon.
In a separate little bowl beat two egg yolks. When the pasta is done, add a ladle-full of the pasta water into the egg yolks. Pour the whole eggy bowl into the cooked bacon pan, and add the drained pasta. Toss it vigorously so that the eggs don't turn scrambled. Pour on a ton of good Parmesan and toss. Salt and Pepper it to taste.