Is peanut butter bad for dogs?

I have had an ongoing debate about the fact that peanut butter is not bad for dogs. I swear over the course of my life I have been present on more than a handful of occasions on where dog owners(including my family) have given peanut butter to dogs.  I have also scoured the web and from the various posts I have see there is no evidence that giving dogs peanut butter is in anyway bad.  Just wanted to run a poll to see what others think of this, feel free to comment as well.

Update: I should note while I am wondering about dogs in general the other part of the question is does it make a difference if its a small breed puppy or a huge pit or something.
[polldaddy poll=5891851]

  • Patti

    It gives them hours of entertainment when it’s stuck on the roof of their mouth too!
    If you make homemade dog treats one of the common ingredients is peanut butter.