this is before my time but i like to watch old classic commercials on youtube. I remember this one and thinking man i wish there was donut cereal now!! heck and im 27! In a way my wish came true granted its probably not the same exact cereal but its close enough. Captain Crunch has a donut cereal now.
My dashcam recently recorded me singing this when we stopped to buy donuts. This was good cereal, but my mom seldom allowed us to have any of what she called "junk cereal" (basically anything with added sugar).