here's another of those toys that nearly every kid or his older sibling had back in the day. it was sort of fun to play with, but what happened when it was done? you just put them away and had a black piece of paper filled with holes, and they tore easily as well.
I never owned one, but the few times I played with them were fun. it seemed like the little plastic pegs disappeared easily though, or got broken. you had to be careful not to lose them. I'm sure plenty of mothers stepped on them or swept them up on a regular basis.