Pour 1 1/2 cups egg substitute into bowl. Add artificial sweetener and mix on medium speed until light and fluffy. Gradually blend in vanilla, evaporated skim milk, fat-free half-and-half, and brandy extract.
Chill for 24 hours to blend the flavors. To serve, stir well and sprinkle with nutmeg.
NOTE: as submitted, this recipe isn't low carb, merely sugar free. Use heavy cream diluted (to taste) with water in place of the evaporated skim milk and half-and-half for true low carb. The carb count will vary depending on how much you thin the cream.