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For the Vanilla Marshmallow Creme, beat marshmallow creme, cream cheese and vanilla in large bowl with electric mixer on medium speed until well blended. Gently stir in whipped topping until well blended.
Mix grilled fruit in small bowl. Spoon 1 tablespoon each crushed vanilla wafers and chopped grilled fruit into each of 8 dessert glasses. Layer each glass with 1/4 cup Vanilla Marshmallow Creme, 2 tablespoons chocolate sauce, and 1 tablespoon each crushed vanilla wafers and chopped grilled fruit. Top each glass with 1/4 cup Vanilla Marshmallow Creme. Garnish with chopped peanuts and maraschino cherries, if desired.