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In a medium saucepan, combine peanut butter, vegetable oil spread, and honey. Cook and stir over medium heat just until mixture comes to a boil. Remove from heat. Stir in cereals, apples, peanuts, and apple pie spice until well mixed. Transfer to a small bowl; cover and chill 30 minutes (mixture will be a bit loose and crumbly). Using slightly wet hands, form mixture into 1-inch balls by gently pressing mixture together (does not work to roll the mixture into balls). It is important to keep your hands slightly wet for each ball formed. Let balls stand on a waxed paper-lined baking sheet about 15 minutes or until firm.
In a small saucepan, combine white chocolate and shortening; cook and stir over low heat until melted. Drizzle balls with melted white chocolate. Cover and chill at least 15 minutes. Store, covered, in refrigerator. Makes 1