I made this for my daughter, and it was definitely a big hit with her. She did NOT use it as playdough though. I told her this was playdough she could taste, so she proceeded to shovel as much as she could into her mouth before I took it away! In her defense, it was very tasty, so I don't blame her.
Peanut Butter Playdough - Our Best Bites
1 cup creamy peanut butter
2 cups powdered sugar
1/2 cup honey
Mix. Play. Eat. Enjoy!