4 ounces regular or lowfat cream cheese, room temperature
1 cup powdered sugar, sifted
1/2 teaspoon vanilla
2-4 tablespoons milk (skim or regular)
Set the cake to be glazed on a rack, over a rimmed baking pan. Pour on the glaze. Transfer the cake to a cake holder or serving platter using a long or giant spatula (available from http://www.kingarthurflour.com/ ). Refrigerate the cake until the glaze sets, but remove it from the refrigerator 30-45 minutes before you want to eat the cake.