My dd taught herself to read somewhere between 1 and 1.5. I couldn't believe it!!!
Were there benefits to this? Absolutely!!! First, she was much less frustrated in trying to communicate (she didn't speak more than mama, dada, nana until after her second birthday). If she couldn't say a word, she would sometimes go get a book, open to the right page, and point to what she wanted/wanted me to know. Secondly, I do think it helped her to be a better reader. When she started pre-K, her guided reading instructor said she was an "intuitive reader"....she didn't know HOW she knew how words should be pronounced or spelled, she just did (meaning...she didn't know the rules "i before e, except after c", etc.). I do believe she incorporated the "rules" of reading and putting words together so intuitively because she learned it so young. I think it was incorporated into her language acquisition when she was learning to speak (i.e. she didn't learn to speak the words first, and then spell them, she learned to read the words first and then speak them....it made her an awesome speller). Finally, I think it gave her another option to stimulate her mind when she was little. Yes, she did play with blocks, her kitchen set, musical toys, pretty much anything that interested her. Books were not a focus of her day, but they did serve to give her yet another exploratory outlet.
I am not a mom who wants her kids to read young because of the "parlor trick" mentality, but because I did see benefits for my dd. I do plan on getting that set on tv, and hope to use it with any future children I have.