Ty's Puppy Chow Recipe
(The Not Stupid version)

1 box regular Rice Chex (12 oz)
1 1\2c semisweet chocolate chips
3\4 c peanut butter
6 T unsalted butter
1 1\2t vanilla
2 1\2c powdered sugar

You know the drill, melt butter, chocolate and peanut butter. Add vanilla. Pour over cereal, toss in bag with powdered sugar.

Note: Ty was annoyed at the recipe saying to only use 9 cups. That leaves 2 more cups of cereal. Use the whole box!
I disagree on unsalted butter. Use the salted, delicious kind.