While it's not split-your-sides funny, it's not bad at all and is a fresh take on an old in-joke. In my opinion, it's funny enough.
FisherPrice is a sufficiently notable subject for an article and this is a good way to go about it. The in-joke will appeal to many regular users, but the concept is good enough to appeal to newcomers to the site who won't know the original FisherPrice joke. I do think you could develop it a little further, and were you to do so it'd get a better score in this section.
Prose and formatting:
As it is, there's just too many lists (and they're ugly, too). I recommend getting rid of them and replacing them with text, perhaps concentrating on just two or three of the list entries. If you really want to keep them, format them so they don't show up as those horrible grey boxes.
Those already added are fine, but the article would benefit from a few more. Space them out a bit to break up the page a bit - at present, there's some very near the top and then nothing until the bottom.
It's an in-joke, but it's a fresh way of doing an in-joke - and since the horse isn't yet dead there's no harm in flogging it. All in all, it's a considerably better article than I thought it was going to be. Like I said at the beginning, I think there's enough humour here but the article is let down by the somewhat less-than-pleasing formatting. Sort out those lists and it'll be worthy of higher scores than I've given here.
A good effort and funny to boot, but let down by having too many lists and ugly formatting. You can kill two birds with one stone by cutting down on the lists and replacing them with text. Add a few more pictures and you'll have a perfectly respectable article.