TUESDAY, MAY 15 2001     B-Side Lounge, 92 Hampshire St., Cambridge, (617) 354-0766. A former dive bar that's now safe for eating. You'll find spiffy versions of home-cookin' favorites such as fried chicken and oyster po' boy sandwiches. Plus there are quirky touches, like free hard-boiled eggs at the bar. The revival cocktail lounge also features an extensive and funky drink menu. Mon. is "Paul McGowan's Invitational Record" night, where local performers play their records from 10:30 p.m. to 1 a.m. Open Sun. through Wed. from 5:30 p.m. to 1 a.m., and on Thurs., Fri., and Sat. until 2 a.m. Kitchen closes on Sun. at 11 p.m., Mon. through Thurs. at midnight, and on Fri. and Sat. at 1 a.m. No cover.

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