I don't remember the commercial, but if I was old enough to see it i probably begged for one. At the tender age of 7, I did get a 1911 that fired bullets you pressed into a spring loaded case. You then loaded those into a magazine (don't start!). I used to shoot at the metal living room clock.
I guess that explains why I prefer 1911s over anything else. Forty years of .45
Edit: I love the internet:
Heh. They call it a clip.
Found one for sale, $500: