This is my 18-year-old brother's favorite Christmas treat. :) The recipe is adapted from chex.com, where there are LOTS of yummy things to do with that versatile little cereal!
You need:
9 cups rice or corn Chex cereal
1 cup semisweet chocolate chips
1/2 cup peanut butter
1/4 cup butter
1 teaspoon vanilla
1 1/2 cups powdered sugar
Measure cereal into large bowl and set aside.