The texture and density. The biggest difference between no-bake cheesecake vs baked cheesecake (besides the cooking method) is the texture. A baked cheesecake tends to have a lighter, more airy texture with a smooth, creamy mouthfeel. No-bake cheesecakes tend to be denser and have a more concentrated flavor. No-bake cheesecakes are also smooth and creamy. So while baked cheesecakes are fluffy and light, no-bake cheesecakes are dense and for lack of a better word "heavy". They both taste amazing regardless!