This summer I bought something similar to the Magic Bullet for us to make smoothies in. It's made by Bella and is very similar to the Magic Bullet. We love it. We made so many smoothies this summer. And if you use ice and milk (and ice cream) you can make blizzards as well.
What I like to to, for myself, is start with ice and ice tea and then add frozen fruit. Mangos and blueberries are great. I even froze some surplus peaches and have been using that as well. Freezing melon works great too!
I also have used it to make my DM iced coffees. She really likes them with caramel syrup.
We already have a snow cone maker so we don't use it for that. I also make some of my own syrups. It's so easy. Make simple syrup and add flavorings. I really liked the one we made with cinammon. So did DD11 and her friends. I also buy the flavored syrups from Cost Plus World Market.
Oh, and I got a really good deal at Kohls on it. It was on sale plus I got Kohls Cash back. I think it was less than $25 on sale.