So far the blind bags that I have are from Wave 1 and Wave 3. I do keep the cards because they're cute, but I like the Enterplay trading cards better. After seeing an empty box at Walmart for months I was so happy to get Wave 1 Twilight and Pinkie for the first time one day. Then I lucked out and got all the sparkly ponies and the other four ponies I wanted from a full box the next time. I used the codes, since the only ponies I was interested in were the Mane Six and other unique molds like the boy ponies. Even with the different colors, the other characters remind me too much of the Mane Six because they are the same mold. BUT Wave 4 looks cool since everyone's a sparkly or metallic pony!