Cook bacon in a skillet over medium heat till crispy. Drain on paper towels, then crumble. Set aside.
In a mixing bowl, combine half of the bacon, the corn, cream cheese, mozzarella, salt, cayenne pepper, and half of the chopped basil. Mix well and spread into a lightly greased 8x8" pan, or round dish.
Bake for 20 minutes or till hot and bubbly. Remove from oven and garnish with remaining bacon and basil.