I have been using a variation of Jim Schroeder's Use for any Meat Sauce on my ribs and I find that it works great. I have posted the original recipe below, with my variation added afterwards.
Jim Schroeder's Use for any Meat Sauce
Ingredients:
2 to 4 cups catsup (smaller amount makes a thicker sauce)
2 cups brown sugar
3/4 cups balsamic vinegar
1/2 cup any red Wine
1/2 cup soy sauce
2 cloves garlic (freshly cut and minced)
Variation:
� cup American mustard
Smoke the sauce in a shallow baking pan until desired smoke flavor is achieved, or alternatively add 1/4 to 1/2 cup liquid smoke flavoring.
Cook until consistency is like a thick syrup.