1 pk 12-oz (2 cup) butterscotch
Flavored morsels
1 c  Peanut butter
8 c  Your favorite chex brand
Cereals
6 oz (1 cup) milk chocolate
Morsels

In large saucepan over low heat, melt butterscotch morsels and peanut
butter, stirring frequently. Stir in cereal until pieces are coated. Stir
in chocolate morsels just until combined but not melted. Spread on waxed
paper-lined tray. Chill 30 minutes or until coating is set.