mine is my parents giving me a Starter Rockets jacket back in '95. It was short lived though, because I told them that it will be useless the following year because of the new logo (dildo). So they ended up returning it, and by the time the new jackets came out the following year, I got me Logo 7 one in which I believe I still own today, need to check the coat closet. its isnt a childhood present, but the best thing in which someone got me a Xmas present was my sister 4 years ago in which she got me an Xbox, hell I even pulled up the thread and read it again. http://bbs.clutchfans.net/showthread.php?t=26755
I'm not sure. I could easily go for the Intellivision in 1980, but I will have to say it's a tie between the "Shogun Warrior" or "Stretch Armstrong".
I remember getting the "Raydeen" Shogun warrior figure one year and thinking it was just awesome. I also remember getting a AT-AT for my Star Wars collection that was a big deal back then.