Preheat oven to 400ºF.
Stir together cereal, flour, baking powder, salt and spices. Set aside. In large mixing bowl, combine egg, milk and oil. Stir in bananas, cherries and nuts. Add cereal mixture, stirring only until combined. Portion evenly into twelve 2 1/2 inch muffin pan cups, coated with cooking spray (or use muffin tin papers). Bake 20 minutes or until golden brown. Serve warm. Makes 12 muffins.
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