Is this the new Tickle Me Elmo?

Nov. 22, 2010 at 2:29 PM ET /

 How far would you go to get your child the "It Toy" for the holidays?

The hot toy this season is a sweet-looking rag doll called Mittens Fluff ‘N’ Stuff. The blue-haired doll normally retails for about $25, but has been selling out all over and is fetching twice the price on some web sites (desperate parents, it’s available on Amazon for $45 as of this writing).

Mittens is one of eight dolls in the “Sew magical – Sew cute” Lalaloopsy line, each with their own back story. But only Mittens is inspiring this level of shopping hysteria (even a Toys ‘R’ Us employee had one snatched out of her hands).

Some moms credited Mittens’ popularity to her medium-tone skin, appealing to a more diverse audience of little girls.

What do you think? Have you tried to buy a Mittens Fluff ‘N’ Stuff, or do you have stories of trying to score hot toys in years past (remember Tickle Me Elmo and Cabbage Patch dolls)? How far would you go -- or how much would you pay -- for the perfect present?