1 qt. or 12 oz. ice milk (vanilla)
1/4 c. peanut butter
1/2 c. or 3 oz. Grapenut cereal
1 c. Cool Whip (Lite)
1 sm. pkg. sugar-free pudding (cooked type) chocolate or vanilla

Mix all ingredients with electric mixer and pour into an 8 x 8 inch pan and freeze. Before serving, top with a little more Cool Whip. It is very rich. Serves 6 to 8.