Preheat oven to 350 degrees and grease 8x8 glass baking dish.
Crush 2 cups of the cereal until just crumbs remain.
2 cups Honey Bunches of Oats
Melt butter, and add butter and nutmeg to cereal crumbs. Mix until thoroughly coated with butter.
1/4 cup unsalted butter, 1/4 teaspoon nutmeg
Pour cereal mixture into prepared 8x8 pan, and press firmly to make an even layer.
In a separate bowl, mix sugar and neufchatel until creamy. Add eggs one at a time, beating thoroughly between additions. Add orange juice and vanilla, and mix until blended. Pour in salt and baking powder and mix thoroughly before adding flour.