Sauté pancetta in 4 Tablespoons of butter.
Fry until crisp.
Peel garlic cloves.
Chop garlic coarsely.
Add garlic to pancetta. Fry 1 minute or until fragrant.
Add 1 Tablespoon paprika.
Let cook until mix is brightly colored.
Take remaining stick of butter (8 Tablespoons), and cut in pieces.
Add to pancetta mix.
Once butter is melted, begin adding flour a little at a time.
Let each addition of flour blend in well before adding next.
Keep incorporating flour in this way until thick.
Stir until creamy.
Pour mix into large bowl.
Add cream cheese.
It helps to break it into pieces.
Stir until blended.
Stir to combine. Set aside.
Drain well. Do not rinse.
Pour cooked macaroni in large bowl.
Add cheese sauce.
Stir until macaroni is well-coated.
Transfer to 13x9 bake dish.
Sprinkle with Parmesan cheese. Serve as is or bake 350F for 30 minutes or until heated through.