1
Cut bread into 1/2 inch chunks; you should have about 1.5 cups.
2
In a food processor, whirl nuts until finely chopped. Add bread, basil, red peppers, tomato, lemon juice, vinegar, paprika, garlic, and salt; whirl until peppers are pureed.
3
With motor running, gradually add parmesan cheese and whirl until incorporated, then gradually add olive oil; process until smooth.
4
Taste, and add cayenne and more salt and vinegar if desired. If thicker than desired, whirl in a little more oil. Scrape into a bowl. Let stand about 20 minutes for flavors to blend before serving.