Set aside until the yeast gets bubbly, about 5 minutes.
Warm the milk to about 100F.
While the milk it warming put the vanilla, sugar, butter, and salt in the bowl of a stand mixer.
Pour the hot milk over the top.
Beat on 1 until smooth.
Add 1 cup of the flour and whisk in.
Stir in the yeast and water mixture.
Add 3 cups of the flour and beat on medium until smooth.
Add the beaten eggs.
Beat well.
Slowly add 2 to 3 cups of flour to make a soft dough.
Knead for about 3 minutes or according to manufacturer's instructions.
Turn the dough out on a lightly floured surface.
Knead by hand for a minute or so just to ensure that it's ready for the next step.
Form dough into a large ball, cover lightly with butter, and place in a large buttered bowl.
Let rise until double, about 1 hour.
Gently punch dough down, form into a ball, and let rise until doubled -- 45 minutes.
Punch dough down again.
Turn out onto a lightly floured surface, divide in half, and store the half that you aren't using in the refrigerator to be used for dinner rolls or cinnamon rolls.
Roll the remaining dough out into a large rectangle.
Spread with the peanut butter mixture.
Roll up like a jelly roll.
Cut in 1-inch thick slices and place cut side down on a lightly greased baking sheet.
Let rise 30 minutes.
Bake at 375F for 20 to 25 minutes, or until done.
Remove from oven and spread with glaze then sprinkle with graham cracker crumbs.
Peanut Butter Filling
Beat the peanut butter and butter until completely blended, scraping down the sides of the bowl often.
Beat in the brown sugar and eggs.
Stir in the graham cracker crumbs.
Use to fill the peanut butter sweet rolls.
Glaze
Melt the butter and peanut butter together in the microwave.
Stir to blend.
Add the vanilla.
Now add enough powdered sugar to make a thick glaze. You may not need all of it.
Spread the glaze on the rolls while they are still warm.
Sprinkle the tops with graham cracker crumbs.
Notes
To store unused dough, grease top, place in a greased bow, and cover with plastic wrap. Keep in the refrigerator until ready to use. Shape and let rise for 40 minutes before baking.