For those with a sweet tooth, this recipe will definitely hit the spot:
9 cups Rice Squares (or Rice Chex) cereal... about 2/3 of the box
1 regular-sized pkg semi-sweet chocolate chips
1/2 c. peanut butter
1/4 c. butter
1 tsp vanilla
~1 and 1/2 c. powdered sugar (or as much as necessary to coat cereal when finished)
Measure out cereal in large bowl. In 1-qt microwaveable bowl, combine entire bag of chocolate chips, butter, and peanut butter and microwave for 1 minute. Remove bowl and stir. Add vanilla and microwave again for ~30 seconds. Remove and stir. Repeat if necessary until mixture is smooth, though careful not to over-microwave chocolate. Pour mixture over cereal, stirring until cereal is thoroughly coated. Transfer cereal to large 2-gallon resealable plastic bag. Add powdered sugar and shake until well-coated. Refrigerate before serving.
Notes: I find this recipe works better if I just sort of wing the amount of peanut butter used. For those who like a decidedly more peanut-buttery taste, use more. For those who like a more chocolaty taste, use less peanut butter.