Step 1: In a large saucepan, combine peanut butter, brown sugar, corn syrup and honey; stir over medium heat until JUST to a boil and the mixture smooth (this can be done in the microwave also). Remove from heat, stir in peanuts and vanilla.
Step 2: Gradually add in cornflakes (or Rice Krispies cereal) then stir until well coated.
Step 3: Press the mixture evenly into a lightly greased 11x7-inch baking dish.
Step 4: In the microwave or a small saucepan, melt the butter or margarine with chocolate chips until smooth. Pour the mixture over the bars in the pan then spread evenly with a knife.
Step 5: Chill until set. Cut into bars.
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