Preheat oven to 300.

In a large bowl mix together oats, rice cereal, coconut, almonds and cinnamon. Set aside.

In a small bowl mix honey, oil and vanilla.

Stir into oats mixture. Mix thoroughly.

Spread onto a parchment lined baking sheet. Bake for about 25-30 minutes stirring frequently. Allow to cool 15 minutes.

Transfer to a bowl. Mix in chocolate chips or chunks and cherries.

Store in a tightly sealed container.