FWIW I am going to be old misery here and say if it were one of mine that came home and said they were doing that, I would say no because 1 I have a rule that they are not allowed to take anything to school that cost more than $10 and 2 I think there are more productive things the kids could be doing instead of that kwim. Our kids don't have one anyway (Lindsay is getting one for Christmas though shhhhhh ) but I think that it only serves to highlight the differences between the haves and the have-nots and the teacher really should have put a lot more thought into it - imagine how the kids who don't have one are going to feel. I would even go so far as to say something to the school about it.
Thank you Trill! Glad you think just a little like me. I also take Macca's point about the general chaos and confusion (and dare I say probable lack of careful supervision) that occurs at this end of the year.

I am still cranky that the class has done this not once but twice (last time she didn't have a nintendo so she took a DVD and a playstation game LOL). It was also apparent from DD's description of the first time they had this day how much NOT-sharing went on, how much was about 'you can't play with my xxx', how so&so has a Wii AND a DS AND an i-dog and brought all three while the next person only brought a DVD. It's a recipe for tears & social disaster if you ask me. AND now I've found out it was done in lieu of an excursion which makes me even CRANKIER. I would much rather the teacher had dragged them all out to a cultural institution for the morning or even a movie(!) Bah!

So, anyway, in the end I relented and let her take it. She was careful and it came home. I'm hoping that she understands the value of the thing because she had to save so long to buy it AND then saw how few games she could buy with her christmas money this year because they're so expensive (two games = money all gone!). If we were continuing at the school I would be bringing it up with the teacher but we're moving so that solves that problem, doesn't it!