Puppu Chow - as posted by the lovely and talented Tig's Toy.
12 -15 oz box of Rice Chex Cereal
1 cup peanut butter
2 cup milk chocolate chips
1 stick of butter
3 - 4 cups of powdered sugar
Melt peanut butter, chocolate chips, and butter in a bowl in the microwave.
Pour cereal in brown paper bag.
Pour chocolate / peanut butter mixture over cereal. Stir and coat well.
When coated, pour half of the powdered sugar over coated cereal and shake bag. Add sugar and shake until coated well with the sugar.
In case anyone asks later for the recipe, I am being prepared. A good presentation to freak people out is to find a red and white checkered bowl like Purina's logo and put it in that to serve.