My biggest concern with a toy like this is that my future kid might ask for a water park in our backyard and then Santa would respond with an enthusiastic “That’s a great idea Kyle! I’ll consult with the elves to see how I can make it happen!”
I had an app idea that was effectively this Walmart product but Santa was always in a blizzard and/or hard of hearing, and continuously misconstrued requests. "What?! You want to order bark?" Idea being that kids love nonsense, but also the scenario pointed towards kids not expecting anything to be a real request.