Never been bothered about it. Kids can be gross, it build immunity.
Yes, my nephew is 4 weeks older than DD and he comes over and plays with her toys often. Like PP have said if they get really gross (he is a slobberer and a happy chucker hehe) I give them a wash after. Unless the other child is really ill (in which case they shouldn't be out and about anyway), I wouldn't see a problem.
Once your bub gets more mobile they will be touching all sorts of gross things anyway, just this week I have caught DD licking the drain in the bathroom, the dogs collar and my hairbrush just to name a few!
There are five babies in my mothers group and they share toys, drink from each other's drink bottles and swap dummies. We just let them go. None have been unusually sick, and my DD (11.5 months) has only ever had one or two minor colds. I'm of the belief that germs are good for babies (to an extent of course)
My 8 month old started childcare and is constantly sick, probably from toy sharing. If I had a choice, I would minimize toy sharing. In the case of a hosting a playdate, I would put out lots of toys, so hopefully each baby will have quite a few toys to occupy him/her, and the toy/slobber sharing will be minimized (though obviously not avoided completely!), then I would wash all toys after the playdate. It is no fun watching a child get sick, and not to mention older siblings, etc.
Not random stranger's babies... but babies lick the floor given the chance. Other baby's germs don't stress me out. If they're not unwell, then I don't think it matters.
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