Of course it is!
For any number of reasons bacon seems to be enjoying a renaissance period of late. I'm personally none to surprised as I've always loved bacon and probably always will. So, to me, it stands to reason that everyone should want bacon.
But bacon's resurgence isn't just as a popular breakfast side or sandwich enhancer. No, it's being included in all realms of the food world, making some especially surprising guest appearances in the dessert arena. Bacon Baklava anyone? (http://www.delish.com/recipefinder/bacon-baklava-recipe-8781?click=recipe_sr)
Here in Cleveland the Cleveland Cupcake Company is infusing a number of their delectable desserts with the fatty, smokey goodness. Try their award winning Bacon Chocolate Chip Cookies (left) - exactly what it sounds like - or The Cave (right), a cup cake topped with a three-chocolate ganache and crumbled bacon.
However, not all bacon-izing is inherantly good. Some bacon-ification besmirches the good name of bacon. This not so Kosher example...Or this possibly NSFW idea... http://www.daveyp.net/random/wootoff102208/MotivatorBaconBra.jpg
But at the end of the day bacon is a wonderful thing, beloved by all. Even vegans.