In a medium-size mixing bowl, combine cream cheese, Cheddar cheese, shrimp, mayonnaise, onion, horseradish, dill, and hot pepper sauce. Pour mixture into an 8x8 inch baking dish. Sprinkle with lemon pepper seasoning and paprika.
Bake at 350 degrees F (175 degrees C) for 25 minutes; or until the mixture is bubbly.
