We have generally gone with a mix so far. We lit the Menorah last year and also opened Christmas presents. I think my son honestly preferred Hanukkah only because it was spread out over more nights so he could enjoy it without being overwhelmed by the deluge of gifts on Christmas morning. For me personally, religion is complicated. I was confirmed in the church but not without fighting my parents and the pastor almost every step of the way. In fact, these days I probably lean closer to the agnostics than anything else. My husband identifies culturally with being Jewish but doesn't really go in for celebrating any of the holidays. I am the one who think seder dinners sound like fun and made latkes this year.
Maybe this is how we pull it off. We are a good match in that neither of us are big about celebrating our religions or attending services. I am not sure what this will mean when our kids get a little older. I can't see sending them through a religious program that I don't believe in, but I also am not sure they can make an educated choice without some training. I do think there are some good moral lessons in the teachings of religion -- I just get frustrated by the intolerance that seems to go along with these lessons. For now, we will continue to whistle into the wind and ignore the advice of the clergy. We will continue to hunt for easter eggs and have matzoh brei for breakfast. I just hope our luck holds!