Barbapapa, the iconic and friendly French Jabba The Hutt, lives with all his ancillary characters in some kind of Pierre Cardin-lookin' bubblehouse. Which you can buy, but why would you, when you can make your own Barbapapa house out of balloons and papier mache and time?
And then instead of buying dolls, just make them out of Sculpey! It's what the folks at the turn-a-book-into-a-bloggable-creative-project blog Play By The Book did, and no one seems to have choked on anything.
Playing By The Book: Barbapapa [playingbythebook.net via things]