It will definitely work, I for one am not a huge fan of velveta, it does melt great but I think it has an off taste.
The panko will add a great crunch on top, just make sure to toss them with melted butter first.
If you’re looking for fast and easy, try:
1 lb elbow macaroni
2 jars store bought Alfredo sauce
1 cp parmesan cheese
1 cp mozzarella cheese
1 cp cheddar cheese
panko bread crumbs
Cook your noodles, warm the Alfredo and slowly mix in the other cheeses until melted, combine sauce and noodles, top with buttered panko and bake at 400 for 30+/- min.
This recipe is super simple, saves the time of making your own béchamel sauce, and has way more flavor and character than velveta.
Life is to short for green tea and tofu; pass me another half rack and a beer…