In a bowl, combine the sugar and cinnamon. Set aside.

In a microwave save bowl, combine the chocolate chips and whipping cream. Microwave for 20 seconds and stir. Then microwave for 10 second intervals, stirring after each one, until chocolate is completely melted and the mixture is smooth.

Separate each of the wafflers into the two sections. Place one on a plate and brush one side with melted butter, then sprinkle the cinnamon sugar mixture over it with a spoon.

Pick up the waffler and hold over the bowl of cinnamon and sugar and invert to remove any excess cinnamon and sugar. Brush other side with melted butter and repeat the process. Do this until all the waffler pieces are coated with cinnamon and sugar.

Serve with the chocolate sauce for dipping. Makes 8 "churros".