Found this on a website - sounds quite nice...
Dr. Pepper Cake
1 cup margarine
1 cup Dr. Pepper
4 tablespoons cocoa
1 1/2 teaspoons cinnamon
3 cups flour, sifted
2 cups sugar
1/2 teaspoon salt
2 eggs, well beaten
1/2 cup buttermilk
1 teaspoon baking soda
Icing
1/2 cup Dr. Pepper
1/4 cup margarine
3 tablespoons cocoa
3 cups powdered sugar, sifted
1/2 cup pecans, chopped
1 teaspoon vanilla
Cake:
Heat Dr. Pepper with margarine, but do not boil. Set aside. Sift together flour, sugar, cinnamon, salt, and cocoa. Beat together eggs, buttermilk, vanilla, and baking soda. Add hot Dr. Pepper mixture to dry ingredients. Stir in egg mixture, and blend well. Pour into greased and floured 15x10-inch sheet cake pan. Bake at 350 deg. for 25 minutes.
Icing:
About 5 minutes before cake is done, heat Dr. Pepper, margarine, and cocoa. Stir in powdered sugar, pecans, and vanilla. Spread icing on while cake is still hot.
(I think it would be nicer with marshmallows instead of pecan nuts! And you could put cherries in it - mmmm...)