I have an Apple ID, and shared purchases with my 3 kids devices. Now they want to have their "own accounts" so when they get iTunes gift cards, they can pay for their own things. Can we share these purchases? My household is as follows:

I have Mac Mini with Lion Server running 10.8.2 and an iPhone 4.
Wife has iPad 2 and iPhone 4s. (We share Apps)
Each kid (12 and under) has iPod Touch 4th Gen.
So far all purchases made under my Apple ID/iTunes ID.
Is there a way to let the kids have their own account- they get giftcards.... but if I buy an App they can still share it?
so if Child 1 buys an App, or song, can we all enjoy it, but it's purchased from his 'own' account?

@survivethestorm.
Firstly thanks for the blog, I think it has saved me time contacting customer support?  I too am going thru the introduction of several kids devices, along with my wifes, onto the one iTunes account and on one PC computer (currently we have 3 x iPhones, 2 x iPod touches, 2 older iPods and soon to have iPad).  Syncing all devices hasn't been a problem to date as far as music, apps etc but I too have discovered the texting problem you described above, with my sent texts showing on the kids devices, and vice-versa, much to my horror!  It appears this is now only becoming a problem with the later iOS software and/or devices?
It appears as you have described above, customer support has indicated by creating a separate Apple Account for each person, this fixes the texting problem?  Have there been any issues then with syncing apps, music etc after creating the accounts?  I currently dont use iCloud, I simply sync each device on connection via usb to the computer, and choose what is being synced to each device.  I like to control (at this point anyway) what is actually going on to the kids devices.  Do you know if there is a limit as to how many 'Apple Accounts' can share the one iTunes Library?  I realise the number of devices is unlimited to the one account, but just wondered if the number of Apple Accounts changes things?
Once an Apple Account has been created for each person, do you then have to share your iTunes Library (Apps, Music etc) or does it do it automatically do so when they log in? 
Also I presume you don't need credit card details for the Apple Account?  It was a long time ago I set my original one up.
Sorry for the 'long winded' reply, just very confused and want to make sure I am doing the right thing.
Many thanks.

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