I forgot about these and was expecting a normal Fisher Price record player playing the 7", which would have been about the most pointless video. This is great and makes me want to get hold of one of these.
And here's the remake people begged for until it was so widely assumed to be impossible that when it finally comes out it'll be guaranteed to make a ridiculillion dollars - https://www.youtube.com/watch?v=MG6bgdQn684
The new ones are battery-operated and play a sound file that very closely mimics the original sounds. My father got my daughter one for Christmas two years ago and was both thrilled to watch her play with one and bitterly disappointed by the truth of the sound.