Wrap a waffle bowl in a damp paper towel and microwave for 15 to 18 seconds or until softened. Immediately unwrap the waffle bowl and lightly squeeze opposite sides together to form a hardshell taco shape. Let cool for a few minutes to reharden.
Place chocolate wafers in a small microwave-safe bowl. Heat in the microwave on 50% power for 30 seconds; stir. Continue microwaving at 15 second intervals until completely melted and smooth. Dip edges of shells melted chocolate. Let stand until chocolate is set.
Fill shells with small scoops of desired flavor ice cream and top with shredded coconut, sprinkles, mini chocolate chips, peanuts, and maraschino cherries. Serve immediately.