Last month I told you how to shoot the kids...
So what if you are now sitting on a bunch of VHS, 8mm and DV video tapes, or lets say albums or worst yet, shoe boxes of family photos.
There are two things I recommend you do.
At least transfer all that material to a digital format.
These can include DVDs, Memory Sticks or actual hard drives.
You may have to get someone to do this for you.
In the case of video you need a unit to play back the tapes.
This can be a dicey situation. Videotapes that have been sitting on the self for years can stick and even may have been demagnetized; meaning the information on the tape may be partially or completely gone. Don’t fret this is rare unless you placed them next to a powerful magnetic. Rewind the tape first before attempting to play it out. You may only get one chance to play the tape so make sure you capture it, on the first go round.
I would place one tape on one DVD for easily access to the material. Label the DVD and if more than one tape on the DVD or other digital storage device label each video transferred.
Include the date if possible and of course the content.
For easy and space saving storage You can get DVD storage cases that will hold up to ten DVDs. You can get DVDs that you can print or write on but never place a stick label on the DVD. It will cause problems down the road.
Photo transfers can be done with an inexpensive scanner. Please take your time and adjust size and any other elements you can. Once you got it in the computer search and explore the marinate of software programs out there to create photo albums to share as Flickr and Picasa.

If you like to be a little more ambitious you can try a some basic editing. By editing the video you can; Delete shoots that were poorly lite, out of focus and or shaky.
Rearrange the order of the footage to perhaps tell a better story or at least be in chronological order. Add a few titles, some music and or narration (voice over)
In the end you have the ultimate family entertainment.
A Watchable Home Movie produced by you of your family, To watch again and again.