1/2 c. butter
1 c. peanut butter
2 c. milk chocolate chips
1 (12 oz.) box crispix cereal
4 c. confectioners sugar

Melt first 3 ingredients in saucepan, stirring constantly. Pour over cereal in large bowl; mix gently. Pour half sugar in bag. Add coated cereal. Shake well. Add remaining sugar. Shake to coat completely.