Place crushed popcorn in shallow dish. Combine Egg Beaters and milk in another shallow dish; mix well.
Dip bread slice in milk mixture, turning to coat both sides. Place in crushed popcorn, pressing slightly to adhere. Turn over and repeat. Repeat with remaining bread slices.
Heat large skillet sprayed with cooking spray over medium-high heat 1 minute. Cook bread slices, 2 at a time, 5 minutes, or until golden brown and egg is set, turning once. Spoon strawberries on each piece of toast. Serve with Reddi-wip, if desired.
To crush Crunch 'n Munch, place in resealable plastic bag; seal bag. Roll with rolling pin until crumbs are formed.
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