Prepare a 15" x 10" (or similar) rimmed baking sheet by spraying with a thin coating of cooking spray.
In a small sauce pan set to medium low heat, combine the butter (or margarine), honey, molasses, lemon peel, vanilla and remaining spices. Cook - stirring often - until well combined and smooth.
Mix the breakfast cereal and (uncooked) oats together in a large bowl.
Drizzle with hot mixture and stir gently to coat evenly.
Spread the compled mixture on the prepared baking sheet.
Bake 25 to 30 minutes until golden brown - stirring every 10 minutes.
*Begin checking the granola after 20 minutes so it doesn't burn.
Granola with a festive flavor. This stores well in a sealed container for about 2 weeks.
Mr Breakfast would like to thank ILoveBagels for this recipe.