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Combine all the ingredients for the BBQ sauce in a small saucepot and place over medium-high heat. Bring sauce to a bubble then reduce heat to simmer. Cook another 15-20 minutes or until reduced and thickened.
Preheat an outdoor grill to high heat or a grill pan over medium-high heat. Grill corn on all sides until charred. Let cool then cut kernels off the cob into a medium-size mixing bowl. Mix corn with onion, red pepper, jalapeño, lime zest and juice, cilantro, salt and pepper.