I like to play with one occasionally. Here's what I like to do - play around and see if it isn't fun...
1. Use high-gain. I like a Tube Driver - more singing distortion than piercing or crunchy distortion. High flying notes baby!
2. Delay. I love to play with delays and create Rhythmic Rhythms (note, good album name). I played around with delay like this with the ebow on and the high gain. If it's a bit longer of a delay you get some fun "follow" as you move up an down the fretboard.
3. Use vibrato of your picking hand when holding a single note with the ebow
4. slide a bunch - with the longer delays it is fun. :)
5. to start it, hammer on a note. This should be #1 but I'm too lazy (or too high) to renumber. ;)
6. Use the little switch on the ebow - the two settings sound different and never assume one is going to sound better than the other.
7. Try different pickup selections, and for each position move the ebow closer and farther from the active pickup. You are looking for two things. A) the sweet spot to move your fret hand around and B) you can create interesting rythms with the delay by moving the ebow closer and farther from the pickup in time with the delay. This can be loads of fun.
My ride is here, peace out.