Heat oven to 350°F. Line cookie sheet with foil or cooking parchment paper. Remove and discard rind from top of cheese. Place cheese round on cookie sheet.
Bake 8 to 10 minutes or until sides feel soft and cheese is warm.
Meanwhile, in small bowl, stir together preserves, vinegar, salt and pepper. Transfer cheese round to serving plate. Drizzle cherry mixture over cheese. Top with pecans. Serve warm with crackers.