In a large bowl, combine pretzels, marshmallows and peanuts; set aside.
Combine sugar, half and half and butter in a saucepan; bring to a boil over medium
heat, stirring constantly. Add butterscotch and let stand for 1 minute to soften
pieces; stir until well combined. Let stand for 5 minutes.
Remove from heat. Pour butterscotch over pretzel mixture and stir until everything
is well coated.
Drop by rounded teaspoons on baking sheets lined with wax paper.
Chill until firm.
Store in tightly covered container.
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