Yes, I have tried Your Baby Can read, it but not consistently so. I believe in teaching the fundamentals of literacy to a young mind when it is ready, rather then forcing them to read by sight when they are babies.
However, in as much as I allow my kids to watch Treehouse for entertainment, I also allow them to watch various types of educational videos/ DVDs for edu-tainment. They are 27 months. Not yet ready for hard-core education.
So, does Your Baby Can Read work? Well I don't know and at this stage, I really am not focused on it working or not. One thing I do know: whatever they watch repeatedly, they will eventually repeat. They are sponges who recite whatever they hear like little parrots. But can they truly read?
I am happy with recitation and mimicry at this stage of their lives. In a year or two, I hope to be able to truly say, "My children can read."