1. Heat oven to 350 degrees F. Line 12 standard-size cupcake-pan cups with paper liners.
2. In medium-size saucepan, melt butter over medium heat. When butter is nearly completely melted, stir in chocolate. Let begin to soften over heat, 1 minute. Remove from heat; stir until smooth and melted. Stir cherry jam, sugar, salt and eggs into chocolate mixture. Stir in flour. Spoon 1/4 cup batter into each prepared cup.
3. Bake in 350 degrees F oven 25 minutes or until toothpick inserted in centers comes out clean. Let cool in pan on rack 10 minutes. Turn cupcakes out.Icing:
4. In small saucepan, combine chocolate and cream. Bring to boiling. Transfer to medium-size bowl. Whisk or beat until thick and smooth. Ice each cupcake with about 1 tablespoon icing, smoothing with back of spoon. Garnish each with cherry.