Microwave chips and white chocolate for 2 minutes, stir every 30 seconds. Stir in marshmallows, cereal, peanuts. Oil pizza pan or small cookie sheet. Save 2 oz of white chocolate to drizzle on top. Sprinkle coconut over chocolate and cereal mixture, then drizzle white chocolate on top. Refrigerate until firm. Store at room temperature.
Cajun Country -- New Iberia, Louisiana