Cut a pocket into each slice of bread by cutting from the top crust side, almost to the bottom crust. Be careful not to slice completely through bread.
In a small bowl, combine cream cheese, preserves and brown sugar.
Spoon about one tablespoon of mixture into each pocket.
In another small bowl, beat eggs, milk, vanilla and cinnamon 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 brown, turning once, about 2 minutes per side.
Lightly garnish each slice with powdered sugar or maple syrup.