This post is so helpful, I had to save it!
Here are some things I do with my two-year-old girl aside from what's already been said:
-Buttons: I have a button collection in a jar and my daughter loves to look at them. She will get a pan out of the cabinet and ask me to pour them in and then she will sort through them and organize them by shape or color. Obviously, you have to be very vigilant with this project so it's not a choking hazard. I also have a big tub of beads that she likes to play in the same way.
-Water Play: She will put the step stool in front of the bathroom sink and I'll put the plug in and fill the sink with water. She can play with her toys in it or I'll give her some cups and spoons and such and she will play with them, pouring water back and forth. It's a nice way to de-stress when I need "me time" because I can just sit on the toilet right next to her and read a book to myself.
-Collage: I cut shapes out of colored construction paper or junk mail and keep them in a bag. Then I help her glue them onto the back of a piece of reused paper (from a bill or something). She will pick the shapes she wants and hold them out and I put a dot of glue on them and then she sticks it where she wants it. Tomorrow I plan to do the same thing, but with shapes and on the paper, I'll draw each shape and see if she can match the shapes by gluing them down over the correct one. Might be fun
-Starfall.com - This is a really fun website that teaches letters and beginning reading. My daughter loves the ABCs portion and knows all of her letters now and the sounds that they make. We play it together every few days or so, especially when I'm not feeling well and don't want to move around too much.
-Window Art: I make finger paint by mixing equal parts flour and water, then add food coloring. Then I lay a towel or newspaper on the floor in front of the sliding glass door and let DD finger paint on the glass with it or use a paintbrush with it. So long as I don't wait until it's completely dried, it comes off easily with warm water and a sponge.
-Sewing: I sew by hand, mostly little toys. My daughter loves deciding what she wants me to make and then I'll sew one up for her. She gets to pick the fabrics sometimes and is absolutely riveted while watching me. Seems like it would be boring, but watching the toy take shape fascinates her. I have a gigantic dull embroidery needle that I let her play with. She will sit next to me on the couch and push it back and forth through a piece of mesh fabric. You wouldn't BELIEVE how long she can sit doing this happily.
-Hair clips: When I was little, my dad would babysit me by laying on the floor and watching the Wall St. Journal on TV while I sat on his back with a pot full of all my hair clips. I'd spend an hour just clipping them all in his hair. It's one of the best memories of my childhood. I even have a photo!
http://img.photobucket.com/albums/v9...nal/mendad.jpg
-Paper Dolls: You can make very simplified paper dolls with changeable clothes or you can cut them out of felt and they will last longer, plus you don't need to sew anything! My daughter loves them.
-Origami: I like to get online and learn how to fold origami animals. I can make something in about five minutes and my daughter is delighted to have a new little toy. She takes her animals and pretends they have all kinds of adventures.
-Laundry: DD likes to fold, so sometimes I dump out a basket of washcloths or prefolds for her to sit on the floor and practice folding.
-Shopping: Can you tell yet that DD likes mimicking really mundane tasks? LOL! She loves it when I give her a pen and the grocery store insert from the newspaper. She circles the different kinds of foods she wants to buy and says the prices out loud "seventy-eight-ninety dollars!"
-Hunting Eggs: I take our Easter eggs and hide them in obvious places around the living room. She loves going around with her basket and collecting them over and over again.
-Bicycling: My father sent us a bicycle trailer for Christmas and I'll load her up in it and take her for a ride from time to time.
) Oh to have a toddler again! It goes by so fast ladies! 
