Parents can breathe a sigh of relief this holiday season.

With consumers dramatically cutting back on holiday spending, it will be easy to land even the hottest of holiday toys -- and at a discount, too, thanks to endless promotions from anxious retailers.

There s a lot of inventory out there, even though retailers have been playing it lean, says Gerrick Johnson, an equity retail analyst with BMO Capital Markets. Unlike previous years, when finding the season s must-have toy was akin to a Bigfoot sighting -- T.M.X. Elmo or Nintendo Wii, anyone? -- nearly everything is still available, he says.

One exception to the list: the Bakugan collectible trading card and action figures (see slideshow.) [They] sell out within hours, says Johnson.

But Bakugan is only one of a dozen games and toys that hold a coveted slot on Toy Wishes Hot Holiday Dozen. Each year, the toy magazine assesses current trends and reviews thousands of toys to select this year s most popular picks.

View our slideshowto see which ones made this year's list -- and
where to buy them online for less:

Sit to Stand Alphabet Train by VTech

Suggested Price: $49.99, for ages 12 months and up
Best Deal:$39.96 at Wal-Mart
Savings: 20%

Instead of "choo-choos," VTech s train sings the A-B-Cs. Parents set one of three play modes so that every touch or movement teaches letters, colors or objects. The train also adapts as the child grows, morphing from a standalone toy into a ride-on vehicle.

Animal Scramble by Wild Planet

Suggested Price: $29.99, for ages 3 and up
Best Deal:$14.97 at Amazon.com
Savings: 50%

Tag, you re it! Place the standalone monkey, parrot, tiger and elephant in different places in the room, then wait for instructions from the giraffe, which says who to tag next. Designed to teach coordination and listening skills, each animal can sense when they are tagged by the giraffe and reacts accordingly.

U-Dance by Hasbro

Suggested Price: $74.99, for ages 8 and up
Best Deal: $69.99 at J.C. Penney
Savings: 7%

So you think you can dance? U-Dance will decide. Plug the game console into your TV and slip the sensor straps around your feet. Once the music starts, the sensors track your movements, judging how well you perform the latest dance moves in time to the beat.

Bratz Girls Really Rock by MGA

Suggested Price: $19.99, for ages 6 and up
Best Deal: $14.99 at Toys R Us
Savings: 25%

Chloe. Jade. Yasmin. Sasha. Each of these rock star dolls come decked out in rocker gear with their favorite instruments. Want to expand the collection? Add on the Bratz Girls Really Rock tour bus, private plane or Corvette.

Crayola Glow Station

Suggested Price: $29.99, for ages 6 and up
Best Deal: $24.88 at Wal-Mart
Savings: 17%

Creativity starts after lights-out with this glow-in-the-dark drawing kit. The light wand creates glowing pictures, while the stencils and special-effects sheets provide additional activities for young artistes.

Girl Gourmet Cupcake Maker by Jakks Pacific

Suggested Price: $29.99, for ages 8 and up
Best Deal: $24.88 at Amazon.com
Savings: 17%

Aspiring bakery chefs can take their first steps in the kitchen by baking homemade vanilla, chocolate, cinnamon-sugar or red velvet cupcakes in less than a minute. Just add water, and pop the cupcake maker in the microwave. Use the frosting dispenser to loop on swirls of homemade frosting, then top with sprinkles.

Lego Mobile Command Center

Suggested Price: $89.99, for ages 8 and up
Best Deal: $69.99 at eToys.com

Go on a spy adventure as Dr. Inferno tries to escape your command center. To help you thwart his plans and save the world, there's a buildable weapons bay, plane, boat and multiple Lego cars.

This Is Serious! Ming Ming by Fisher-Price

Suggested Price: $39.99, for ages 18 months and up
Best Deal: $34.99 at Toys R Us
Savings: 13%

Join superhero duck (and classroom pet), Ming-Ming, on her adventures. This plush character from Nickelodeon s Wonder Pets! sings and dances to the show s theme song. She also leads kids through charades and adventure games.

Bakugan Battle Arena by Spinmaster Ltd.

Suggested Price: $29.99, for ages 5 and up
Best Deal:$23.88 at Wal-Mart
Savings: 20%

The hot game of the holiday shopping season, Bakugan combines marbles, trading cards and action figures. Magnetic spheres transform into warriors ready for battle when you successfully roll them onto the metal cards. Face off against as many as three opponents in the battle arena.

Disney Fairies Clickables Starter Kit by Techno Source

Suggested Price: $29.99, for ages 7 and up
Best Deal: $19.99 at Toys R Us
Savings: 33%

Collectible charms and bracelets do more than look pretty. Touch them to the jewelry box, which connects to your computer, and they unlock virtual goodies and games at Disney s social networking site Pixie Hollow. There, your virtual fairy can dress up, have adventures and interact with other (real-world) friends.

Kota the Triceratops by Playskool

Suggested Price: $300, for ages 3 and up
Best Deal: $239.99 at Amazon.com
Savings: 20%

This prehistoric pet stands three feet tall and reacts to both voice and touch. He roars, chews on leaves, sniffs and wags his tail. Big enough for kids to ride, Kota doesn't walk around but he will bounce and sway.

Ultimate Wall*E by Thinkway Toys

Suggested Price: $299, for ages 6 and up
Best Deal: $249.99 for pre-order at Toys R Us
Savings: 16%

Ultimate WALL E brings the robot from Disney s movie to life. Use the remote control to make him move, or leave it to the preprogrammed animation to let him talk and play with you.