My family loves this stuff and our favorite recipe is this one for chocolate peanut butter Chex mix. Chocolate and peanut butter is the absolute best sweet treat combination...at least it is in my house!
9 cups Chex cereal, heaping
1 cup chocolate chips (semi sweet), heaping
1/2 cup peanut butter
1/4 cup margarine
1 to 1 1/2 cup powdered sugar
Empty cereal into a LARGE bowl and set aside.
In a microwave safe bowl combine chips, peanut butter and margarine. Heat for 1 minute on high, stirring after 30 seconds.
Remove after 1 minute and stir until there are no lumps. If you need to pop it back in, do so and stir until there are no lumps.
Pour mix over cereal and stir it in well. All cereal pieces should be coated with the melted mix.
Add powdered sugar over the coated cereal and mix until coated.
Store air tight in the refrigerator.
TIP: Last year for Christmas, I purchased lock and lock containers from QVC. I filled them with this mix, placed them into the matching Holiday gift bags that they came with and gave a bag to each of my neighbors as a Christmas gift :)