This is a super simple recipe that is open to many adaptations. Have fun!
*Measure the cereal into a large bowl.
*In a microwave safe bowl combine chocolate chips, butter, and peanut butter. Microwave for 30 seconds at a time, stirring in between, until melted.
*Stir in vanilla.
*Pour over bowl of cereal and mix until coated.
*Place 1/3 of the coated cereal in a large ziptop bag. Pour in 1/3 of the icing sugar and shake to coat.
*Spread on waxed paper to cool (can be put in the fridge to speed the process).
*Repeat the icing sugar step until all the cereal is used up.