1. Combine all ingredients in a small saucepan and bring to a boil.
2. Reduce heat and cook 1 minute, stirring occasionally.
3. Let stand until thickened.
4. Serve with low-fat or skim milk.
5. (Alternate cooking directions: combine all ingredients in a 2-cup microwave-safe bowl and microwave on high for 2 minutes, 30 seconds - or until cereal begins to thicken.).