As a little spratling in the sixties I loved the Mattel Strange Change Machine.
http://www.samstoybox.com/toys/StrangeChange.html
I just saw they came out when I was 7. Might have something to do with it.
And I can't remember what they were called but they had giant toy bugs that crawled when you pulled their strings. Had touch sensitive mandibles. Came with large six inch tall army men who, when placed in the line of travel, would be bitten and carried off by them. My older brother seems to think they were called "Horrible Hermans", but I can't find anything on them by that name.