Preheat oven to 400˚F. Place bacon on a cookie sheet lined with aluminum foil. Brush preserves onto bacon and sprinkle with brown sugar. Bake for 15 - 20 minutes, or until crispy. Remove from oven and allow to cool for about 10 minutes before serving (blot any excess grease with paper towel).
In a large bowl, whisk together the flour, sugar, salt, baking powder, baking soda, milk, vegetable oil, 2 eggs, chives, and cheddar cheese.
Prepare waffles according to waffle maker directions.
In a large skillet, heat olive oil (or melt butter) over medium heat. Crack eggs in a separate bowl and pour into pan. Season with salt and pepper.
Reduce heat to medium-low and let eggs cook until whites have set. Remove from pan.