AllRecipes has a couple of top-rated recipes:

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Super Sausage Gravy:

INGREDIENTS

* 1 pound Bob Evans® Original Recipe Sausage Roll
* 1/4 cup all-purpose flour
* 2 cups milk
* Salt and black pepper to taste
* 8 prepared biscuits

DIRECTIONS

1. Crumble and cook sausage in large skillet over medium heat until browned. Stir in flour until dissolved. Gradually stir in milk. Cook gravy until thick and bubbly. Season with salt and pepper. Serve hot over biscuits. Refrigerate leftovers.

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Bill's Sausage Gravy:

INGREDIENTS

* 1 (12 ounce) package maple flavored sausage
* 3 tablespoons butter
* 1/4 cup all-purpose flour
* 3 cups whole milk
* salt and pepper to taste

DIRECTIONS

1. Place sausage in a large, deep skillet. Cook over medium-high heat until evenly brown. Remove sausage with a slotted spoon, leaving the drippings in the pan. Stir in the butter until melted. Add flour, and stir until smooth. Reduce heat to medium, and cook until light brown. Gradually whisk in milk, and cook until thickened. Season with salt and pepper, and stir in cooked sausage. Reduce heat, and simmer for 12 to 15 minutes. If gravy becomes too thick, stir in a little more milk.
Source(s):
http://allrecipes.com

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I am a Southern gal and here is the way I like it! Always with biscuits. Yummy.

Serve this wonderful Southern-style gravy over hot split and buttered buttermilk biscuits. Biscuits with gravy make a great breakfast with fresh or spiced fruit, or serve along with a complete breakfast.
Ingredients:

* 8 ounces breakfast sausage
* 2 tablespoons shortening or lard
* 3 tablespoons flour
* 1 1/2 to 1 3/4 cups milk
* salt and pepper, to taste
* dash cayenne pepper, optional

Preparation:
Cook sausage in a medium skillet over medium-low heat, stirring and breaking up with a spatula. With a slotted spoon, removed the browned crumbled sausage to a paper towel-lined plate. Add 2 tablespoons shortening, vegetable oil, or lard to the drippings in the skillet. Add flour, stirring until blended and bubbling. Gradually add 1 1/2 cups milk; continue stirring and cooking until thickened and bubbly. Add the crumbled sausage. If too thick, add a little more milk. Taste and add salt and pepper. Stir in a dash of cayenne pepper, if desired.

Serve over hot split and buttered biscuits. Serve sliced tomatoes or fresh fruit with these, or serve as part of a bigger breakfast.
Source(s):
http://southernfood.about.com/od/gravyrecipes/r/bl60127c.htm

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If you want super easy, I just buy the dry mixes in the grocery store, and I think they taste great.
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