I guess, like a lot of other things, this is a matter of opinion on the TV/electronic toy thing. Personally, I'm a huge gadget freak. Heck, we have 2 desktops and 2 laptops at our house - for two adults. That being said, I am careful with the amount of electronic time our boys have. My 3.5 year old had the My First Leap Pad when he was 6 months (it was a gift). The age on it is 6 - 36M. Please. He didn't touch it until about 18M or so. And then, we would sit with him and he loved it. It helped him with his letters a lot. Until about 3 months ago, we would read him three books at night and then he would be allowed to play in his bed with the "Letter Game" for 15 minutes on his own. Most of the time we would hear it hit the floor before the time was up and he would go to sleep.
For some reason, he doesn't play with it anymore, but found another game (another gift) that shows him how to write the letters and other things. He'll play that at night after his books. Again, he gets 15 minutes and then I put it away.
The way I see it, as long as they are educational and not over-used, there isn't anything wrong with them. We just bought him the Vtech Laptop for Christmas to help him with the mouse and such. I'm sure he'll love it.
Another good point for our son...he's VERY active and has no attention span. It's nice for him to sit for 15 minutes on the couch or in his room and CONCENTRATE on one thing.
Of course, it's all about what you and hubby are comfortable with. Have a great Holiday.