Cut a pocket into each bread slice by cutting from to crust side almost to the bottom crust. (Be careful not to slice completely through bread) Combine cream cheese and preserves in small bowl. Spoon mixture evenly into each pocket.
Beat eggs, milk, vanilla and cinnamon in another bowl until well combined. Dip stuffed bread slices in egg mixture, letting excess drip off. Spray griddle or skillet with non-stick spray. Cook bread slices over medium heat until golden, about 2 minutes per side, turning once. Dust each slice with powdered sugar and drizzle with maple syrup, if desired
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