From the kitchen of Karen B., Palestine, Texas
Line a serving bowl with the wafers. If using strawberries, wash and slice them. Layer the berries on top of the wafers.
In a medium-size bowl, blend the Cool Whip and condensed milk together. Add the vanilla and sugar, blending well.
Pour some of the mixture on top of the berries. Repeat the layering process until all is used up.
Now, decorate the top with additional berries and refrigerate overnight.