The Baltimore Sun hosted a recipe contest for Peeps. The winners included a pot pie (vanilla pudding with Peep's pieces for carrots, peas, cauliflower, etc with a graham cracker bottom crust and a lattice top), pork loin stuffed with peaches and Peeps with drunken Peeps' sauce, Peeps crab nuggets (oh, my!) and Peep-r-nutter cupcakes. Not so sure about the crab one, but everything else sounds like fun!
If you want to give any a try and can't find the recipes on the net, let me know!