The 80's were a special time to be a kid. Modern commercialism was just coming into its own and we had awesome toys, cartoons and movies to be entertained by. Video games were exploding on the scene and junk food options were growing exponentially. Yes, we were very spoiled.
Part of this spoiling was the amazing selection of different cereals in the 1980's. Well, they weren't all that different. They were pretty much all the same, just with varying shapes and sizes and excessive levels of sugar, but they certainly knew how to differentiate them through branding and advertising.