In a large bowl combine cereal, oats, coconut, and chocolate chips; set aside.

In a small sauce pot, add honey and brown sugar, and bring to a boil. Whisk until combined, and then add the vanilla; stir. Simmer for about 1 minute. Add peanut butter, and turn heat to low. Whisk in peanut butter until completely melted and combined.

Pour into the cereal mixture and mix well until completely incorporated.

Use a large 9x13 baking dish lined with parchment or wax paper, dump the cereal mixture and then spread into an even layer.

Place into fridge and let set for at least 4 hours. Remove from fridge, and remove from dish by pulling up on the sides of the parchment paper, laying it onto your counter. Using a large knife, cut into rectangle bars. Enjoy!