OK, I suspect most people won't like squid so I'll post the bacon one. This is not my own recipe, it's from the Food and Wine 2004 cookbook.
Caramelized Onion Risotto with Bacon
Active:35 minutes
Total:1 hr 15min
Serves 4
1/2 pound thickly sliced meaty bacon
1/4 cup extra virgin olive oil
2 large onions, halved lengthwise and thinly sliced crosswise
2 quarts chicken stock or low sodium broth
2 garlic cloves, minced
2 cups of Arborio rice
1 tsp coarsely chopped thyme
1/2 cup freshly grated Parmesan plus more for serving
Salt and Pepper to taste
1. In a large skillet, cook the bacon over moderate heat until crisp, about 8 minutes. Transfer to paper towels to drain, then crumble.
2. In a large saucepan, heat 3 tablespoons of the olive oil. Add the onions and cook over moderately high heat until lightly browned, about 4 minutes. Reduce the heat to low and cook, stirring occasionally, until the onions are very soft and browned, about 20 minutes. Transfer the onions to a plate. Rinse out the saucepan.
3. Bring the chicken stock to a boil in a medium saucepan. Cover and keep the stock hot over low heat. Heat the remaining 1 tablespoon of olive oil in the large saucepan. Add the minced garlic and cook over moderate heat until fragrant, about 1 minute. Add the rice and cook, stirring, for 2 minutes. Add enough hot chicken stock to cover the rice, about 1 1/2 cups, and stir constantly over moderate heat until the stock has been absorbed. Continue adding stock, about 1 1/2 cups at a time, and cook, stirring constantly, until the stock has been completely absorbed before adding more. The rise is done when the grains are just tender and the sauce is creamy, about 20 minutes.
4. Remove the pan from the heat and stir in the onions, bacon, thyme and 1/2 cup of Parmesan. Season the risotto with salt and pepper. Spoon the risotto into shallow bowls and serve, passing additional Parmesan cheese at the table.
Make ahead: The recipe can be prepared through step 2 up to 4 hours ahead. The bacon and onions can be kept, separately, at room temperature.