1 c. chocolate chips
1 stick butter
1/2 c. peanut butter
6-8 c. Rice Chex or Corn Chex
1 1/2-2 c. powdered sugar

Melt first 3 ingredients and pour over cereal. Cool 10-15 minutes. Shake in a grocery size paper bag with the powdered sugar. It looks like Puppy Chow but it's wonderful to nibble!