My favorite method is to put it in stir fry - don't try to make it into meat or you'll be disappointed. To drain it I usually cut it up into cubes first and then sandwich it between paper towels while I prepare everything else. I usually do my veggies first and take them out, fry the tofu first to brown it a bit then add what ever extras (like garlic and ginger) /sauces I want. When that's all nice and done I add the veggies back in.
I like fairly strong and spicy sauces for tofu - like hot bean sauce or garlic black bean (though watch out this is usually very salty if you buy it prepared)
Another thing I like to do is buy the tofu that is already pressed and seasoned. 5 spice is my favorite. This needs no preparation or draining at all. I like to make noodle salads out of it. I buy these really fine rice noodles that you just need to soak. I combine these with pressed tofu, green onions, tomatoes, green (not ripe) mango, cucumber, cilantro and dress it with rice vinegar, Thai fish sauce, (a little soy if it needs some salt) and ground white pepper. I usually top it all off with some roughly chopped peanuts. Yummy.