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Better than a frisbee - take this to the park and throw it to your friends in a cross between catch and throwing an American football.
The ball has a hand grip so you can target your passes better and it's long-distance tail helps send it flying much further, the record so far being 100 yards! What makes it really fun is that the Mega Howler gets it's name from three separate whistles built in that combine into one awesome noise as it hurtles through the air. Brilliant.
Eight year olds like more challenging construction sets, and are starting to get seriously interested in science. Anything involving potential explosions or high speed makes a good present. They can also start doing cleverer magic and love doing tricks. And anything they can throw or shoot at someone else is also very popular.