This thread may have been dying a natural death, in which case I apologise, but I needed to tell you about the wonderful Winnie the Pooh Lollipop Holder I bought once for 20p at a school stall (I believe it was second hand).
You stuck a lollipop into the top of Winnie the Pooh's head. The pure genius part was that his head began to rotate, thereby allowing you not only to eat a lollipop without effort, but also to prove that it isn't just owls who can look all the way round. I'd love to show you a photo (or better still a video) but I seem to have lost it.
Another one I particularly liked was bought in Germany by the woman I was working for as a gift for her daughter. It was basically a set of combs that are supposed to slot together and create a zigzag parting in your hair. What they actually do is fit together with a sickening crunch of broken plastic, and then tangle your hair so badly that you have to cut them out. Brilliant.