Place peaches in 8" round or square glass baking dish.  Mix remaining ingredients, toss with peaches.  Sprinkle crumb topping over peaches:

½ c. flour, white or wheat
1/3 c. packed brown sugar
1/4 c. quick oats
2 Tbsp. margarine
Mix, cut in margarine until crumbly.

Microwave uncovered on high 10-15 minutes, turn ½ turn every 5 minutes, until peaches are hot and bubbly. Let stand uncovered 10 minutes.  Serve warm with whipped cream or ice cream, or plain.  Serves six.