Getting Serial Output Back to IDE

Okay, I've done a fair bit of searching here and the interwebs and if there is any easy solution I apologize for not discovering it. A fair number of my projects make use of serial output while I develop them and I'm interested in moving to breadboards and target boards. Can anyone point me towards one or a few accepted "good" methods of getting serial output from my breadboard back to the Serial window in the Arduino IDE? Good could either mean easy to implement or robust, I'm not picky while I research this.

Is this as simple as running pin 0 of my target board to pin 1 of an Uno and pin 1 of my target board to pin 0 of an Uno, placing a serial output sketch on my target chip, and opening a serial window in the IDE? Will an Uno serve as an intermediary in this manner?

Use an FTDI Based module, CP2102 module, some kind of USB/Serial adapter like that. Open a 2nd instance of the IDE and receive the data from your breadboard there.
This is one of my favorites to build into a project
http://www.mouser.com/ProductDetail/mikroElektronika/MIKROE-483/?qs=%2Fha2pyFadugsEwyLV5fFyIWdPbushEDhRSvnBE0ODG8%3D


This one is inexpensive, not so handy for mounting into a project tho as you generally need a USB extender cable to use it.
http://www.ebay.com/itm/USB-2-0-TO-TTL-CP2102-chipset-6-PIN-SERIAL-CONVERTER-MODULE-STABLE-/251196146827?pt=LH_DefaultDomain_0&hash=item3a7c75048b#ht_96wt_1170
Add a pin to the DTR hole, or cut the trace to the RST pin (reset, input to the CP2102 device) and jumper the DTR hole to the RST pin.

ChemE:
Is this as simple as running pin 0 of my target board to pin 1 of an Uno and pin 1 of my target board to pin 0 of an Uno, placing a serial output sketch on my target chip, and opening a serial window in the IDE?

Plus either removing the processor on your Uno or forcing it into reset by connected a jumper between RESET and GND. (You may have pins 0 and 1 backwards.)

Will an Uno serve as an intermediary in this manner?

Yes.

Can anyone point me towards one or a few accepted "good" methods of getting serial output from my breadboard back to the Serial window in the Arduino IDE?

I use an Uno running the TinyISP sketch as the programmer and Knock-Bang running on the target for communications. Works a treat.

You Sir are chock full of win! This worked perfectly! I had mistakenly thought I had to hook Tx to Rx and vice versa but you are right that it is Tx to Tx and Rx to Rx. Again thanks!

...and GND. (Mentioned for the benefit of others who find this thread.)

You are welcome.