COMBINE 3/4 cup evaporated milk, 1 1/2 cups cheese and 1 teaspoon baking mix in small saucepan. Cook over medium heat, stirring constantly, until cheese is melted and sauce has slightly thickened to a creamy consistency. Remove from heat; cover.
WHISK together remaining evaporated milk, water, remaining 1/2 cup cheese, egg and mustard in medium bowl. Stir remaining 3 cups baking mix into milk mixture until well blended.
PREHEAT Belgian waffle maker• according to manufacturer’s directions. Pour about 1 1/4 cups batter onto waffle maker. (This amount is enough for a square or round waffle maker.) Cook according to manufacturer’s directions. Repeat with remaining batter. Keep cooked waffles warm in oven.
SPREAD 2 tablespoons cheese sauce evenly over one side of 6 waffle squares. Place 2 slices of bacon and 1 slice of ham on cheese sauce on each. Top with second waffle to make waffle-wiches.
• Can also be cooked in a standard waffle maker (makes about 18 standard-sized waffles).
• Waffles can be made ahead and frozen.
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