IoT for kids

Wow. Everyone is getting on the IoT bandwagon. No. Really.
Everyone.

Check this out;

http://www.engadget.com/2014/11/16/dynepod/

There’s no shortage of smart toys, but they tend only to talk to each other. What if your kid wants the freedom to use them with just about anything? That’s where Dynepic’s upcoming DynePod might help.
It may look like a simple 25-pixel block of LEDs, but it’s really the centerpiece of an “internet of toys” that lets it both respond to simple programming and dish out input of its own, whether it’s talking to another DynePod or something else entirely.
You can tell it to light up when there’s movement, or buzz if another device is nearby; built-in motion sensors let it serve as a controller.
Parents can even use it to set alarms, and at least the initial kits will come with a mounting clip and a bracelet.
Yes, you can turn this into Junior’s first smartwatch. The long-term plan is to have an open platform that has toys of all kinds speaking to each other.

Its a wrist band with 26 LEDs on it that kids can wear and via the app on their iPad, they can program it to do different things.

Im all for getting kids excited about tech (hence the Pi), but this is rather odd. The thing is huge to start with. All recharging it could be problematic.
Not to mention, kids this young with their own tablets?