Bananagrams (bananagrams.com) was at New York's American International Toy Fair and earned the "Best in Play" distinction from Parenting Magazine.
The fast and fun two-player crossword race that so many are playing on their phones in the form of Words with Friends, (to the consternation of flight attendants, and Alec Baldwin's PR people) in jumbo-size. It still has everything you love and also is great family fun. It is educational without really seeming like it, simple to play (no pencil, paper, or board needed), highly addictive, and very quick (play in as little as 20 seconds). But it is bigger, for little fingers. The 24 wooden cubes are 2 inches square, making them ideal for spreading out on the family-room floor (it'll be hard to lose these pieces), and come neatly packed for easy toting. Ages 5 and up; about $40.