Truly one of the more WTF? toys of the 1970s, Milky was based on the assumption that children would want to play with a cow's teets endlessly. You see, Milky drinks water and then you're encouraged to milk her. That's it, that's all! Theres a tarp so you don't make a mess.
Is anybody else more than a little creeped out by this toy? I'm going to go out on a limb and say that 1977 was probably a busy year at Kenner, they had Six Million Dollar Man money and their latest license, Star Wars was exploding at the box office and the demand for product was insane. Somehow Milky just slipped by, either that or it was the result of martini lunch dare.