Though I'm sure it affects decisions made by Hasbro, I don't think kids care much one way or the other for the state/perception of the U.S. military or global political affairs. I didn't know much about it at all as a 5 year old but still loved the cartoon and toys. Cartoon primarily, for the cool looking, colorful characters, good writing as far as a kids' cartoon goes, fun action, the often easy, playful interaction between the good guys (Shipwreck, Lady Jaye, Flint, Bazooka and Alpine), the great voice acting, etc. But when you don't present something to connect to kids on some level, that's when franchises die out.
To hoodoneit's post, if you can't have folks shooting at each other with laser guns (and for all I know that might not be allowable on kids' TV anymore), then that definitely creates a problem for a show that's supposed to be about pseudo military groups fighting it out.
They need to make a kick ass G.I.*Joe video game. That is what kids play with now. Not action figures.
A Call of Duty knockoff with Joe, Cobra, Iron Grenadiers and Cobra La would rock.
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