Okay, first I have to preface my comments with the fact that I am Eugenio's wife. He finally got me to join, and now I'm fairly hooked.
And I also have to say that I found his comments a bit harsh. Sorry, dear.
That said, I do have some problems with the whole video system for babies. (I'm an elearning instructional designer, so I'm all for electronic learning in general). Part of my reservation is a radio ad I heard for the product where parents talked about how they "didn't have to do anything." About how easy it was to just let their child watch TV. It was rather creepy. And I'm not saying that anyone on the list is going to use it as an electronic babysitter, or that they're bad parents or anything like that.
It's more that since going back to work (I was home with our guy for a year), I treasure the time I get to spend with him. And most of the time that means him pulling a book from the shelf and plopping himself down in my lap saying, "Read, read." Granted, the fifth time through Good Night Moon in a night can be a little mind numbing, but the sheer act of just snuggling with him and watching him enjoy the process of reading is so special.
Another issue I have with the whole "Your Baby Can Read" thing is that I've watched kids on the commercials reading books that are far beyond their capacity to understand. And I read the posts about comprehension about being literate, but this isn't about that. There's seems to me an inherent danger of exposing a child to more information than he or she might be ready for. And I speak from experience on this one - as a developed reader in 2nd & 3rd grade, I found Judy Blume books waaaay too soon. My mother had to explain things to me that she wasn't really ready to do and I certainly didn't need to know at that age. And I was pulling these things out of my Catholic school library, not wandering unrestricted in the public library.
I would never presume to tell another parent don't do this, or do this. Certainly, I have reservations about the program, but I think in the end we all have to make the decision that is best for our specific situation/child/family.
Oh, and as for the ABC/phonics books for little ones, a friend of ours gave my son a beautiful ABC book for his Baptism called Letters from Heaven. It uses Orthodox concepts & traditional iconography to present the alphabet.