Christmas Chex Muddy Buddies
Mise en place! Pour cereal into a large mixing bowl.
In another bowl, heat chocolate chips, butter, and peanut butter in microwave for 30 seconds at 50% power. Stir well. Continue heating on intervals (15 seconds, 50% power), stirring between each interval until chocolate is melted and ingredients are well-mixed. Do NOT overheat chocolate, it will scorch.
Stir vanilla into chocolate.
Pour chocolate mixture over cereal. Mix well.
Pour half of powdered sugar in large Ziploc bag. Add half of cereal mixture. Toss until cereal is well-coated and any chunks are broken up. Lay out on a cookie sheet to dry.
Repeat with remaining powdered sugar and cereal mix.
After mix is dry, toss coated cereal with Christmas colored M&M's. Serve. (Hide any that you want...this disappears fast!)