I feel like interacting with a moderate-sized set of real peers is workable - like chat rooms on AIM with the kids you know from school. Kids have always had unsupervised time with their peers.
Where it breaks down, is when you get a whole ecosystem populated entirely by kids and those trying to make money off of them.
Where it breaks down, is when you get a whole ecosystem populated entirely by kids and those trying to make money off of them.