Here are the final results of our ornament venture. Most of the paint and marker stayed on the ornaments, with the exception of Harrison. We think he mistook his face as an ornament at one point. If you are brave enough to attempt this with your children (which I highly recommend), here is the recipe to use:
1 2/3+ cups warm water
1 cup salt
4 cups all purpose flour (not self rising)
Combine water and salt, stirring until salt is desolved. Add flour. Move dough mixture to a firm surface. The dough will be very stiff. Knead dough until all ingredients appear to be well mixed and smooth (this take a fair amount of endurance ;) ), then knead it some more. On wax paper, roll dough out using a rolling pin until dough is smooth and no more than 1/4 inch thick. Cut your favorite shapes. Use a the end of a straw to cut a circle in the top of the ornament to put a ribbon or string through. Bake at 350 degrees for 20-30 minutes. Flip ornaments 10-15 minutes into baking. Bake the same amount of time on each side. Allow to cool on flat surface. Once cool, decorate with paint.