Nope. It's play-acting. They are learning the question/answer role. You can tell this by the simple fact that a rampaging 3 year old is not listening to the answers.
Don't get me wrong, I'm in the unschooling/homeschooling camp, but this isn't evidence of enthusiasm. :)
Don't forget PBS. Lacking cable growing up I pretty much watched nothing but PBS and a few Saturday morning cartoons. I think that worked out pretty well :).
We pitched the TV figuring it would remove our temptation to be lazy and disengaged. We generally reserve computer time for supporting foreign language acquisition. (I feel like I'm rapidly turning into one of THOSE parents)
I always wondered how old Pinocchio was. In that Disney movie he exhibited this behaviour, so now I know he was the human equivalent of between 4 and 5 years old.