If you've got kids, you're probably gearing up to purchase gifts in celebration of any of the major holidays on the horizon. And just in time for the holiday season, a toy safety group has released their annual "10 Worst Toys" list, which highlights the hidden dangers in children's toys.

The list is put out by "World Against Toys Causing Harm" (aka "WATCH"), who have been publishing the list around the holidays for 35 years now. This year, however, the list comes out as toy manufacturers are still dealing with a rash of recent recalls.

Officials from WATCH said that their list shows that the understaffed U.S. Consumer Product Safety Commission that regulates the toy industry, doesn't do enough to protect consumers or ensure that toy makers sell safe toys. They also said that the industry has failed to police itself.

9 of the 10 items on their list this year are currently on sale in stores. One of the items, the "Go Diego Go" boat has since been pulled from store shelves, as it was included in a recalled last month for its lead paint content.

Here are the toys listed on the 2007 "Top 10 Worst Toys" list, as well as the companies that make them:

1. Go Diego Go Animal Rescue boat, by Fisher Price. Contains lead paint.
2. Sticky Stones, GeoCentral. Magnetized stones that, if swallowed, could "stick together across the intestines, causing serious infections and death."
3. Jack Sparrow's Spinning Dagger, Zizzle. Viewed as eye hazard.
4. Dora The Explorer Lamp, Funhouse. Potential for electric shocks and burns.
5. Lil "Giddy Up" Horse — Sassy Pet Saks, Douglas. Contains fibers and small parts that could be a choking hazard.
6. Spider Man 3 New Goblin Sword, Hasbro. Rigid plastic could cause injuries.
7. Hip Hoppa, by Spin Master Ltd. and Vivid Imaginations, Ltd. A combination footboard and bouncing ball that children jump on has the potential for head and other injuries.
8. B'Loonies Party Park, Ja-Ru, Inc. Children blow balloon-like toy out of substance squeezed from tube. Has potential for chemical ingestion.
9. My Little Baby Born, Entertainment, Inc.; Zapf Creations AG. Baby doll comes attached to tiny pacifier that could be swallowed.
10. Rubber Band Shooter, Simple Toys LLC. Shoots rubber bands and presents eye hazard.