A colleague sent this site over and I think it is such a cute idea: www.astorybeforebed.com.
Basically, it's an interactive site where you can record a child, mom, dad or grandparent reading a children's book. There's a library to choose from and participants record a video reading for a fee. Then you can e-mail the recording and replay as many times as you'd like.
It's a fun way for grandparents to interact with grandkids, or parents to record readings of favorite books or cute kids to record their own readings.
You can see a toddler demo at www.astorybeforebed.com/demo/toddler.