Here’s what I would do with it. I would throw it in a large bowl, and in another bowl I would melt some marshmallows and some chocolate chips and some butterscotch chips, and maybe even some chopped up nuts if that’s your thing. Add some butter or margarine so that it will mix easily, melt it, and pour it in the same bowl with the cereal. Keep it sealed in a container or plastic bag and snack on it whenever you feel like it. It’s addictive.
Melt some butter in a heavy skillet. Dump in some sugar, and if you like cinnamon. Pour in the Os and fry until they start to brown. Toss on a cookie sheet in a 250 oven for 30 minutes, stirring halfway through. I never heard of fried cheerios until I was an old lady, but they are pretty darn good.