1In large microwavable bowl, mix cereals, pretzels, crackers and peanuts.
2In medium bowl, mix remaining ingredients until well blended. Pour over cereal mixture, stirring until evenly coated.
3Microwave uncovered on High 7 minutes, stirring every 2 minutes. Spread on foil or paper towels to cool, about 15 minutes. Store in airtight container.