Bake the biscuits according to package directions. Set aside to cool completely. Cut the biscuits into cubes. You can even do this a day or two in advance, since stale biscuits work well in this recipe.
Meanwhile, grease a 9 x 13-inch baking dish with nonstick cooking spray. In a large skillet over medium-high heat, brown the sausage until no longer pink, using a wooden spoon to break up the meat, about 5-10 minutes. Fold in the sage. Set aside.
Arrange the cubed biscuits in the prepared dish. Sprinkle the sausage and both types of cheese over the biscuits; toss so that everything is evenly distributed.
In a large bowl, whisk together the eggs, milk, ground mustard, salt, black pepper, and cayenne. Pour the egg mixture over the biscuits, sausage, and cheese. Cover with plastic wrap and refrigerate overnight.
The next morning, let the dish sit on the counter for about 30 minutes while you preheat the oven to 350ºF. Remove the plastic cover. Bake for 1 hour, or until bubbly and hot. After the first 40 minutes, tent the dish loosely with foil to prevent excessive browning.
Let the casserole rest for at least 10 minutes before slicing serving. Garnish with chopped fresh herbs if desired.