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Teddy Ruxpin, the iconic talking bear from the '80s, is back. And he's flaunting some upgrades.

Wicked Cool Toy's new Teddy Ruxpin plays homage to the first-of-its-kind animatronic toy, known for its motorized eyes and mouth.

Just as he told stories through a cassette player -- remember those? -- in his back, he still reads aloud. But now, the 14-inch bear comes with 3 built-in stories, thanks to an internal hard drive. You can download seven more for a fee.

Meanwhile, his colored LCD eyes react to what he's reading and flash pictures of hearts, stars and snowflakes. Teddy comes with touch sensors, too. By pressing the touchpad on his hand or foot, kids can start, pause or switch stories.