I found this on Taste of Home web site. I haven't made it yet, but I will closer to the holidays. This got a 5 star rating and the people who rated it said they would make it again. Some already had been making it for years. I think this will be a worthy addition to the holiday recipes.
1In a heavy 4-qt. saucepan, whisk together eggs, sugar and salt. Gradually add 1 qt. of milk. Cook and stir over low heat until a thermometer reads 160°-170°, about 30-35 minutes.
2Pour into a large heat proof bowl; stir in the vanilla, nutmeg and remaining milk. Place bowl in an ice-water bath, stirring frequently until mixture is cool. If mixture separates, process in a blender until smooth. Cover and refrigerate for at least 3 hours.
3When ready to serve, beat cream in a large bowl on high until soft peaks form; whisk gently into cooled milk mixture. Pour into a chilled 5-qt. punch bowl. Sprinkle with nutmeg if desired.
4Eggnog may be stored, covered, in the refrigerator for several days. Whisk before serving.