We have been living overseas since my dcs were very small. I think this has meant we've avoided a lot of the "crazes" as regards toys/clothes as there's not really one thing everyone has/wants. But....now dcs are in American school and DD(6) is desperate for one of these
I think they are revolting and have you seen how much they cost?! We don't tend to spend a lot on presents and it's never been an issue before and the dcs seem to be happy with what they get. We put more emphasis on doing nice things at Christmas than presents.
DD is doing the "all my friends have one" and it's actually true. They all do (American school but not in US). So far I have said no but AIBU? We've never bought any Wii/XBox or anything expensive like that and it's never been an issue but I'm wondering whether we were just very lucky that the older dcs never complained.