1 jar marshmallow cream
2 tablespoons corn syrup
½ cup peanut butter
3 tablespoons water
1small pkg chocolate morsels
3 cups toasted rice cereal

Combine marshmallow cream, water and corn syrup in a saucepan. Bring just to a boil over medium heat, stirring constantly. Remove from heat. Add chocolate morsels and peanut butter. Stir until melted and smooth. Stir in cereal and mix well. Press firmly into a buttered 9" square pan. Chill until firm. Cut into bars or squares.

NOTE: Double the recipe for a 9 x 13-inch pan.