Preheat oven to 375°F. Spray 9-inch pie plate with cooking spray; set aside.
Beat Fleischmann's and sugar in medium bowl with hand-held electric mixer at medium speed until blended. Continue beating and add half of the Egg Beaters in a SLOW stream until well combined. Then gradually beat in remaining Egg Beaters and almond extract (batter may appear curdled). Add flour, salt and allspice. Beat 1 minute or until smooth.
Pour batter into prepared pie plate; top with drained cherries. Bake 20 to 25 minutes or until wooden pick inserted in center comes out clean.
Serve warm or at room temperature. Garnish each serving with Reddi-wip just before serving.