Gordon, I've read that unlike most meteor showers, this one should be good from dark till dawn -- so if you can't get out at three in the morning, after dinner should be ok, too. And the same sources say this is the best meteor shower of the year -- the only problem is that it is usually cold in mid-December, so not that many people can really stay out and enjoy it.
No need for binoculars, by the way. Just have a seat and lean back and look up!