Inject 1/2 cup liquer into ham at 3 inch intervals, using a baster with an injection attachment.

Combine brown sugar, cranberry juice cocktail, honey, 1/3 cup liquer, mustard, butter, vinegar, and flour in a medium saucepan and stir well. Bring to a boil, then reduce heat and simmer for 2 minutes. Set aside.

Place ham, fat side up and pour mixture over ham. Insert a meat thermometer. Cover and bake at 325 F for 2 1/2 hours, basting frequently.

Arrange orange slices over top, with cherries in the center of each orange slice. Bake uncovered for 30 additional minutes or until meat thermometer reaches 140 F.