Madelyn had the first Fisher-Price bounce and play toy, it was a zebra.  It
stayed in our living room for over a year and half and it was so cute because she would randomly get on and bounce and spin. 

Now, we have the Bounce and Learn Pony in our living room and it's a totally different experience and she appears to be having just as much if not more fun with it.

The Bounce and Learn Pony is an active learning toy that interacts with the television.  The Pony uses a wireless device to connect with the TV delivering animated content.  Madelyn interacts with the toy and TV by bouncing up and down and spinning a roller on the handle bars.  I can choose the level of play and audio options (really handy!) so as she has learned skills it is easy to move up to the next level.  There was a little bit of a learning curve so you will want to stay in the room the first few times your toddler gets on the Bounce and Learn Pony.  After that, you should be able to run into the kitchen to fix dinner or vacum a couploe of rooms.  The Bounce and Learn Pony doesn't have to be connected with the TV to be interactive.   It will still play songs and sound effects from the pony itself.

Price: About $55 at Amazon.com