Combine butter, Worcestershire sauce, TABASCO® Sauce, and seasoned salt in a small bowl and mix well. Pour cereals, nuts, pretzels and cheese crackers into a large plastic zip-top bag. Pour butter mixture over cereal mixture inside Zipper Bag. Seal top of bag securely. Shake bag until all pieces are evenly coated.
To prepare in microwave oven: Pour contents of bag into a large microwave-safe bowl. Microwave on high 5 to 6 minutes, stirring thoroughly every 2 minutes and scraping sides and bottom of bowl. Spread on absorbent paper to cool. Store in airtight container.
To prepare in conventional oven: Pour contents of bag into an open roasting pan. Bake in a 250 degrees F oven for 1 hour, stirring every 15 minutes. Cool and store as directed above.