We ordered the Your Baby Can Read DVD set when V was about 8 months old. I did it with her for a few months and then quit because of the new baby and the move. We recently started again and she remembers all of the words she had learned! She can read about 20-30 words. I know it sounds cheesy but she loves the DVDs and it only takes 20 minutes of our day (and we're at home all day anyway...why not learn cool things?!).
When I say "read" I don't mean that she is sounding out words with phonics. I think she has memorized what the words looks like. I'm not really sure how it works, but I just know that it does!
We are praying that these early stages of reading random words will one day result in her knowing God through His Word.