Drain peaches, reserving the syrup. Set aside.
Place softened cream cheese on a flat dinner plate and combine with 3 Tbsp of syrup drained from peaches. Using a fork, combine cheese and syrup until smooth and creamy. If too dry, add syrup until right consistency. Add walnuts and blend.
Place lettuce leaf on plate and place 2 peach halves on lettuce with cut sides up. Divide cream cheese into hollowed out pit holes and allow to run down edges of peaches. Place cherries on top of cheese as garnish. Makes 8 salads. Enjoy!