CHERRY HILL, NJ—Across the nation, toys and other merchandise produced for the 20th-anniversary rerelease of E.T. are being foisted upon uninterested children. "This is the alien spaceship, but it doesn't even have any guns or anything," said Robbie Guyton, 6, attempting to make sense of toys bought for him by his mother, who fell in love with the heartwarming Steven Spielberg classic two decades ago as a 10-year-old girl. "The E.T. monster is ever weirder: It's, like, all naked and shriveled, and it doesn't have any battle armor. It's not scary at all." Guyton tried to figure out how to activate the death laser on the E.T. doll's finger, but was unable.