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To be honest, I can't remember any major stinkers. Aside toy cars and some Action Man toys most 90% of the things I ever got were Lego.
Just one thing I sort of remember being pretty boring was something like pic related, an F16 with a stand. I'm not saying it's a bad toy, but back then I also had some Revell kits, so this thing fell on the awkward middle ground between metal cast toy cars and buildable kit aeroplanes. It wasn't interesting to me.