Place cereal, paprika, poultry seasoning, thyme, salt, and pepper in a shallow dish, stirring well to combine.
Pour Egg Beaters in a shallow bowl or dish.
Dip chicken breast halves in Egg Beaters to coat.
Dredge in cereal mixture.
Place coated chicken in a 11 x 7 x 2-inch baking dish with thickest portions towards outside of dish.
Cover with wax paper, and microwave at high for 12 minutes or until chicken is done.
Rotate dish a half turn every 4 minutes.
You can also bake chicken in the oven at 350° for 30-35 minutes.
Spoon Creamy Gravy evenly over chicken.