Preheat the oven to 375 degrees F.
Cook the macaroni used the directions on the package.
In a large skillet add the butter and chopped jalapenos. Sautee over medium heat for 2 to 4 minutes or until tender.
Stir in the cream cheese. Stir until it is melted or just about melted.
Add the heavy cream and milk and mix in until blended.
Add the shredded cheese and mix until everything is melted and blended together
Add the cooked macaroni and stir in.
Taste at this point. If you would like to add salt and pepper add to taste.
Place in the preheated over for about 15 minutes. If you like to brown the top turn on the broiler for 2 to 4 minutes.