Might have to tweak this one. Maybe some melted chocolate drizzled on top, fresh strawberries instead of jam, & omit ricotta (maybe find alt. cream cheese filling). Oh, & no food colouring (it might take the 'Red' out of 'Red Velvet', but oh well) ;)
Cream cheese filled Cinnamon Roll Monkey Bread - yes please! Update: this was recently a huge hit at an extended family breakfast. Prepped the night before, put on sugar/butter in the morning and baked.