Is it just me or is this recipe just plain disgusting?

Ingredients:
½ stick of butter
2 cups of milk
6 oz of Sharp Cheddar Cheese (shredded)
6 oz of Extra Sharp Cheddar Cheese (shredded)
6 oz of Velveeta Cheese (shredded)
2 oz of Blue Cheese (shredded)
2 oz of Gruyere Cheese (shredded)
Salt and pepper to taste
1 box of Elbow Macaroni
Olive Oil

How does one shred Velveeta?

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