"After watching a particularly good episode of my favorite (now ended) video blog The Show With ZeFrank, I knew my life would never be satisfying until I followed the instructions he gave me (watch til the end):
“Put a little oil in the pan, but make sure you add some butter. That’s where the flavor is. Coat it, and then pour yourself a nice, big pancake. Now watch it. See those tiny little holes? Those are bonding holes, and they have a purpose. As soon as you see enough bonding holes, pick the pancake up and crack an egg under it…”
Success!
The mix of flavors and textures works really well. The cooked egg white combines with the pancake to make something exquisitely fluffy, and the runny yolk fills the role normally occupied by syrup.
EDIT: There’s been a request for egg-in-the-basket instructions as well, and since it is a valid alternative to the Pankegg, here they are: take a piece of bread. Butter it. Cut a circle into the center of the bread; eat the circular scrap that results. Put the bread buttered-side-down in a skillet, crack an egg into the hole, and break the yolk. Allow one side to cook, flip the bread, and lightly cook the other (to insure the whole egg white has been cooked)."