I actually think what it is, is a lot like heroin dusted with powdered sugar. (IS that powdered sugar??)
I made some this afternoon. And now I may insist that my husband hide it from me, before I gorge myself on the entire container.
For your enjoyment (and because I do not wish to be a pig all by my lonesome), here's the recipe. Note: despite the name, do NOT feed it to your dog. It contains chocolate, which can be lethal to the pooches.
3/4 cup peanut butter
1 cup chocolate chips
1/4 cup butter
8 cups Crispix cereal
2 cups powdered sugar
Melt the peanut butter, chocolate chips, and butter together. Pour over the cereal in a large kettle or bowl and stir well. Pour the powdered sugar into a large brown paper bag (or I divided it into two gallon-size Ziploc bags) and add the cereal. Fold the bag to seal and shake well to coat evenly.