Well my daughter didn't live through the 90's so she thinks they are awesome. She gets to pick out her favourite fabric from my stash and like magic in 15 minutes she has a scrunchie. She gets to iron them and sometimes sew the seams on the machine while on her mama's lap and life does not get better than this. And later if she is really lucky she will get to "help" make dinner. Because when you are 4 years old all you really need is attention, love and a favourite toy and all of the rest of that plastic crap just gets in the way because it gives your mum a reason and excuse to say"for goodness sake go and play with all the great things you got for Christmas and don't hang around my feet".
And her favourite toy, a wooden trolley we found at the dump that she got to decorate all by herself.