Dice the potatoes (so they'll cook faster) - peel or don't, as you prefer. I don't.
In the soup pot, bring 6 - 8 cups of water, the diced potatoes, and the salt to a boil until tender - about 15 minutes.
Put a colander in a large mixing bowl (or large pot). Pour the boiled potatoes into the colander and drain the water into bowl or pot. Set aside 4 c of the water and discard the remaining water.
Return the soup pot to the stove and over medium heat, melt the Butter. Then add the onion and garlic and cook until translucent.
Add the 4 c of water and the potatoes and bring to a simmer. Add bouillon cubes and dissolve.
Reduce heat to low and add the cream (slowly and carefully), half the shredded cheese, the bacon, and the nutmeg. Return to simmer.
To serve, top with remaining cheese and bacon bits to garnish. Serve with crusty bread.