In a large mixing bowl beat together the cream cheese and confectioner's sugar. Add the sweetened condensed milk and pudding to the mixture, blend well. Fold in 1 1/2 cups of the whipped cream.
Place about half of the angel food cake cubes in the bottom of a large glass or trifle bowl. Add a layer of half of the cream mixture, followed by half of the fresh blueberries. Cover with the remaining cake cubes and repeat the cream mixture and blueberry layering process.
Spread the remaining 1/2 cup of whipped cream over the top of the dessert. Garnish with additional blueberries, if desired.