Chocolate Peanut Butter Drops

1 cup sugar 
1/2 cup light corn syrup 
1/4 cup honey 
1 jar (12 oz) chunky peanut butter 
4 cups chocolate flavored frosted corn puff cereal 

Combine first 3 ingredients in a dutch oven, bring to a boil, stirring constantly. Remove from heat, add peanut butter, stirring until blended. Stir in cereal, drop by tbs onto waxed paper. Let cool. Makes 4 dozen.