Combine butterscotch chips, peanut butter, and Butter Flavored Crisco in a large microwave-safe bowl. Cover with waxed paper. Microwave at Medium (50%) for 1 minute; stir. Repeat until smooth. (or melt on stove top in small saucepan on very low heat, stirring constantly.)
Pour corn flakes into large bowl. Pour melted butterscotch mixture over flakes. Stir with spoon until flakes are completely covered. Stir in mini chocolate chips.
Spoon scant ¼ cupfuls of mixture into mounds on waxed paper-lined cookie sheets. Refrigerate until firm.
For a chocolate version: Substitute chocolate chips for the butterscotch chips, and 1 cup of mini marshmallows for the 2/3 cup of mini chocolate chips.