HT5622 I have been using one apple ID for my family as it makes it easier to manage itunes purchases/rentals on all of our devices.  Now that my kids are getting old and my wife has recently purchased an Iphone, I can see that I need to change my strategy

I have been using one apple ID for my family as it makes it easier to manage itunes purchases/rentals on all of our devices.  Now that my kids are getting old and my wife has recently purchased an Iphone, I can see that I need to change my strategy. I plan to add a few more iphones to the family very soon.  What is your recommendation to manage all of our devices (iphones, itouch, apple tv) for my family?  Can I continue to function with one apple ID or is it time to take the leep into attempting to manage multi-apple ID's? 

There's a few ways of managing multiple devices on a single computer (and keeping seperate content on each). The following document is worth checking through:
How to use multiple iPods, iPads, or iPhones with one computer

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