Combine first 5 ingredients in a large saucepan; stir well. Bring to a boil, and cook, uncovered, 15 minutes or until reduced to 1/2 cup. Spoon into a bowl; cover and chill 2 hours.
Place 4 figs into each of 4 dessert compotes; drizzle each with 2 tablespoons red wine sauce. Top each with 1-1/2 teaspoons blue cheese.
Per serving: 306 Calories; 2g Fat (6% calories from fat); 3g Protein; 65g Carbohydrate; 3mg Cholesterol; 66mg Sodium