Definitely report it. At the minimum you should get your money back and a coupon.
The first time I got stitches, it was 30 plus some internal ones in my upper thigh (cut on metal). I still have a 4 inch scar that's very fat and ugly and I was only 15 when this happened. I was totally cool getting them -- those shots do hurt the worst! -- but my dad freaked out the nurse when he waltzed in.
He came late, said he figured he'd finish dinner because hospitals always take a while, and then made me hobble to the car in the far parking lot to avoid paying parking fees! You'd have to know my dad and his sense of humor and his preoccupation with 'being a trooper,' but trust me it's worth an indignant chuckle. So bad!
Not looking forward to the bill. The copay is one thing and then the urgent care bills separately for everything else (as it is we're already out over $100 not to mention that the experience sucked for my eldest--overlooking the ice-cream run afterward

). So, we will probably pay the copay plus a portion of the equipment, doctor's fee, etc. I'm keeping copies of the receipts, writing a certified letter to be sent to the claims department of both the manufacturer and the store where we purchased the item. I'll also have a chat with the consumer product safety commission.
I don't want to sound like a wide-eyed loon, but I'm really not cool with my kids (or any kids) getting hurt by a product. I mean, it's one thing if they did something ridiculously unsafe and caused their own injury (which, if you've got kids, happens sometimes), but it's another matter entirely when the company couldn't be arsed to do some QA on their product to prevent injury through normal use.

(<---- that's an actual picture of me right now... life size!)
Ahhh... dads. What is it with dads/husbands and sayings like "be a trooper" and "shake it off"

My husband does that, too. He called while I was trying to tape up my son's leg to go to the urgent care. He honestly said "Are you sure it isn't just a scratch?" Like somehow I have no idea the sort of cut that requires stitches. "Maybe you should wait until I get home so I can look at it..."
Meanwhile, in the background "Mom it's bleeding all over the floor..." 2 year old screaming "Owwie Owwie Owwie...Blooooooooooooooooooooood!!!" 6 year old crying "I didn't mean to do it...no one's ever gonna play with me again. I'm a bad brother!" Dogs barking...
Yeah, sure, honey, I'll just throw a bandaid on it and wait 5 hours for you to get home. Sounds great.
Um, no thanks.
I can honestly picture him with a severed limb saying something about fixing it at home with Bondo and Duct Tape.
On another note, for the scar, have you tried Mederma? I picked some up while I was grabbing the neosporin. I've heard good things about it, never used it.