And that one was copyright 2002! It's a good drawing of an ocotpus, too - I'm going to have to give some thought to the upcoming Ollie book, the Ollie tote bag series, and the Ollie note cards. (I promised Ollie she would be famous.)
Yes, I think Olllie Octopus is common because both words begin with the same letter - Polly Octopus isn't as good.
Her nickname was Ollliepod, by the way.
As for the eggs, well, either the bristleworms ate them or Ollie herself destroyed them - there weren't many - and after a month or so, she stopped guarding so carefully the area where they were and started dismantling her den. I don't think they were fertile, but bimacs can lay infertile eggs.