Hawaiian Dream Cake

1 box yellow cake mix
1 (8-oz) pkg. low-fat cream cheese
1 (20-oz) can crushed pineapple
2 small pkgs. instant vanilla pudding
3 cup milk
1 (12-oz) ctn. whipped topping
1 pkg. coconut flakes

Drain crushed pineapple and be sure to squeeze out all of the juice with paper towels and reserve juice for the cake mix. Bake the cake mix according to directions except use pineapple juice instead of water. Let it cool and set aside. Beat cream cheese with electric mixer for 2 minutes or until fluffy and then add pineapple. In seperate bowl, mix pudding with 3 cups of milk and then add to cream cheese mixture. Spread mixture on cool cake and then spread whipped topping on top. Sprinkle top with toasted coconut.