In a small saucepan, combine wine and shallots. Reduce by half over medium heat. Add cream and again reduce by half. Add remaining ingredients, and stir until cheese melts and sauce is smooth. The sauce should not be too thick (thin with a little water or wine if desired). Add salt if necessary. Remove from heat and reserve.
Toss to combine cooked pasta with sauce (reheating sauce if necessary). Sprinkle basil leaves over dish and serve immediately.