Alright, I don't have a whole lot of detail to throw at you or to pull you in with. All I have is an idea, a shot in the dark that I want to share in case anyone is interested, if enough people are then I will go into more detail.
My idea is this. You shall be playing as teddy bears. But not your run of the mill stuffed animals. Your child created you at a store such as buildabear or purchased you from a toy store. Through your child's love, you are given life, purpose. And that purpose is to protect that child's body and soul from the boogeyman and his dark minions. To onlookers you are a toy, to your child a guardian. Your child knows of your being self aware and counts on you to keep away the things that go bump in the night. His or her love is what gives you power and in the physical world you can draw upon that power to summon weapons to fight the darkness physically but this is a last resort. The real battle exists in the dream world where you are the vanguard.
Your characters are teddy bears, cute and cuddly or maybe not. Your bears real world appearance will be just that of a child's stuffed animal but while in the dream world you can customize that appearance. Weapons and abilities as well.
I'm also seeking a co GM for this, as I may not be as available as I'd like to be. Military life.