In Dutch oven combine potatoes, sweet peppers, half & half, salt, curry powder, cayenne pepper, & 1/2 cup water. Bing to just boil. Reduce heat. Simmer, covered, over medium heat 10 minutes or until potatoes are tender, stirring occasionally. Cool slightly.

Carefully transfer about half of soup mixture to a blender; add 1/2 cup water & blend until nearly smooth. Return to Dutch oven; str to combine. Cook & stir over low heat until heated through. Store in cheese until melted.