Sure, here’s a revised version of the recipe with Weight Watchers points and nutrition information:

Grandma’s Old-Fashioned Bread Pudding with Vanilla Sauce
Servings: 8

Ingredients:

4 cups (8 slices) cubed white bread
1/2 cup raisins
2 cups milk (use skim milk for fewer points)
1/4 cup butter
1/2 cup sugar
2 eggs, slightly beaten
1 tablespoon vanilla extract
1/2 teaspoon ground nutmeg
Sauce Ingredients:

1/2 cup butter
1/2 cup sugar
1/2 cup firmly packed brown sugar
1/2 cup heavy whipping cream (substitute with low-fat cream for fewer points)
1 tablespoon vanilla extract


Instructions:

Preheat oven to 350°F (175°C). Grease a 1 1/2-quart casserole dish.
Prepare Bread Pudding:
Combine cubed bread and raisins in a large bowl.
In a saucepan, heat milk and 1/4 cup butter over medium heat until butter is melted (4 to 7 minutes).
Pour milk mixture over bread and let stand for 10 minutes.
Stir in sugar, beaten eggs, vanilla extract, and nutmeg until well combined.
Pour mixture into the greased casserole dish.
Bake for 40 to 50 minutes, or until the pudding is set in the center.
Prepare Vanilla Sauce:
In a saucepan, combine butter, sugar, brown sugar, and heavy cream.
Cook over medium heat, stirring occasionally, until the mixture thickens and comes to a full boil (5 to 8 minutes).
Remove from heat and stir in vanilla extract.
Serve:
Spoon warm bread pudding into individual dessert dishes.
Drizzle with warm vanilla sauce.
Serve immediately. Refrigerate any leftovers.
Weight Watchers Points:

Points may vary based on the exact brands and ingredients used, but typically, each serving of bread pudding with sauce could range from 2-5 Weight Watchers SmartPoints per serving, depending on adjustments made to reduce fat and sugar content.
Nutrition Information (per serving):

Calories: Approximately 400-450 kcal
Total Fat: 22-25g
Saturated Fat: 14-16g
Cholesterol: 110-130mg
Sodium: 230-270mg
Total Carbohydrates: 50-55g
Dietary Fiber: 1-2g
Sugars: 38-42g
Protein: 5-7g
Enjoy this comforting dessert while keeping track of your points and nutritional intake!