I need a nice Vanilla frosting that can be also made into chocolate for cupcakes. I normally just make buttercream with butter and ps so I want to try something new. I also have Meringue Powder and vanilla and almond extract and of course chocolate squares. TIA

This meringue b/c would be something new:

http://cakecentral.com/recipes/6927/very-vanilla-swiss-meringue-buttercream

HTH