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BTW I found the recipe on the back of the cereal box, but it's online as well.
Prep time: 15 min
Start to finish: 15 min
Yield: 18 servings (1/2 cup each)
Ingredients
9 cups Chex cereal (any "flavor")
1 cup semi-sweet chocolate chips
1/2 cup peanut butter
1/4 cup butter or margarine
1 tsp vanilla
1 1/2 cups powdered sugar
Directions
1. Measure cereal into a large bowl, set aside.
2. In a 1-quart microwaveable bowl, microwave chocolate chips, peanut butter, and butter uncovered for 1-minute, stir. Microwave 30-seconds longer or until mixture can be stirred smooth. Stir in vanilla. Pour mixture over cereal, stirring evenly until coated. Pour into a 2-gallon resealable food-storage plastic bag.
3. Add powdered sugar. Seal bag and shake until well coated. Spread on waxed paper to cool. Store in an airtight container in the refrigerator.
I just made some of these tonight to pack up in little baggies for school. They make great treats because they're relatively mess-free to eat in the library. ;) And I can exercise portion control by putting just a little bit in each bag.