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1. Line a cookie sheet with waxed paper; set aside. In a large bowl, combine vanilla wafers, powdered sugar, almonds, cherries, corn syrup, liqueur, and melted butter. If mixture is sticky, cover and chill about 1 hour or until easy to handle.
2. Shape mixture into 1-inch balls. Dip balls in melted white chocolate; let excess drip back into pan. Place on the prepared cookie sheet. Decorate as desired with candies. Let stand until white chocolate is set. Store, covered, in the refrigerator.