We have bought the kids iPad minis for Christmas (lucky them!!!)
We have an iPad and iPhones for the grown ups already and so far we just use one iTunes account and password to buy games and sync over iCloud etc. I don't want to give this password to the kids as its linked to my bank account!
They also will not need to sync to our calendars and emails but if I set up a completely separate iTunes account for them and they buy an app I presume we would not be able to get it without paying again?
What's the best way??