Preheat oven to 350°. Beat cream cheese and butter in a large bowl at medium speed with an electric mixer 2 minutes or until creamy. Gradually add 1 cup sugar, beating well. Add eggs, beating until blended. Stir in milk and next 4 ingredients. Transfer mixture to a lightly greased (with cooking spray) 13- x 9-inch baking dish. Combine cornflakes, cinnamon, and remaining 1/4 cup sugar; sprinkle over noodle mixture. Bake 1 hour and 15 minutes. Cool and cut into squares.