I agree with the others; slow cooking is the way to go. However, I put my squirrels in a crockpot with water and a package of powdered onion soup. I set it on low and go to work. When I come home the meat is falling off the bones. I carefully remove the meat and shred it by hand.
My favorite recipe is my "Lazy Man's Squirrel Pie". Get the ready to use pie crust. Put it in a pie pan, or cup cake pan if you want lots of little pie appetizers. Mix a can of Veg-all (mixed veggies), your meat from one or two squirrels, and a can of chicken gravy in a bowl until pretty moist (some of the liquid will evaporate during baking, so make the mix wetter than you think it should be, but not quite like stew), Season to taste (I use salt, pepper, and my secret ingrediant: thyme). Spoon the mix into the pie crust(s). Then cover with more crust and make sure to pinch or fold over the edges. Bake in a medium heat oven until golden brown. I usually use the cup cake pans myself, and these little pot-pies are my favorite. Everyone seems to love them, even people who had reservations about eating game, especially tree rats.
Seth, congratulations on that squirrel; I've only taken one with a longbow myself so far. However, I've taken many with a shotgun in the past, and you should be aware that squirrel is very prone to frezzer burn. So wrap them well and try not to leave them in there too long.