1 box Chex cereal (corn or wheat)
1 stick butter
1 c. smooth peanut butter
1 (12 oz.) chocolate chips
1 box powdered sugar

Melt butter, chocolate and peanut butter. Pour melted mixture over Chex and stir carefully until all of it is covered. Sprinkle the entire box of powdered sugar over everything and stir again. The powdered sugar will cause the chocolate covered Chex to separate into small pieces. Forget your diet!