Fill a large pot with a generous amount of water and bring to a boil. Turn down to a simmer after that. Tear off a big square of plastic wrap and line a cup with it. You can spray it with a little cooking spray if you think it might stick, but I haven't had such problems yet.
Crack the egg into the well
Gather up the plastic wrap around the egg, and tie the bundle with another piece of plastic wrap (or just make a knot in this one if there's enough room)
Toss the egg into the simmering water. Cover the pot and set the timer for 4 minutes for a set white and runny yolk (I'm not sure how long you'd go to get a done yolk, you'd have to experiment).
When your 4 minutes are up, take your little egg bundle out of the water and set it on some paper towel. Unwrap gently so you don't break the yolk! Using a spoon to scoop the egg up is the easier way to transfer it to a plate.
I might be back later tonight with some baking...we'll see. I'm half done exams and my next one isn't until Tuesday, so I have a little bit of time off. I hope the weather is as gorgeous for you as it is for me right now- 23C in Montreal!!! (73F maybe? warm!!!)
Oh and the Canadians are playing Boston tonight in what is sure to be an awesome game.... GO HABS!!!!!!!!!