Bring water to a boil over medium-high heat. Add noodles and cook according to package directions. Drain half the cooking water. Mix in remaining ingredients, adding evaporated milk to desired creaminess; stir occasionally until cheese melts. Let stand until thickened.
Tip: Longing for Mom's old-fashioned homemade egg noodles? Try frozen egg noodles from your grocer's frozen food section. Thicker and heartier than dried noodles, these homestyle noodles cook up quickly in all your favorite recipes.
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