I've rather fancied getting a toy camera for a while. However what turned me off is the fact that I have to get the film processed. I've never really owned my very owned 35mm camera. However I do remember that it used to cost a small fortune to get films processed. It would cost me a similar amount to get the experience. However I love to experiment and I love the iPhone4 with the current crop of great apps that can recreate these old school effects. For now I will be happy using them.
I rather like this concept of a digital Holga camera. It speak the right language in terms of what enthusiast want. I'd buy one in the instant.