Should you drink with your kids?

There was an article earlier about a couple of parents who were imprisoned for allowing alcohol to be served at their child's birthday, but taking away the keys of all who showed up.

Now, John Cloud, writing for Time Magazine, wonders if parents drinking with their kids removes the forbidden-ness from alcohol and makes them less likely to abuse it by drinking wildly when they are of age. He also says that the US is in the midst of "one of its periodic alcohol panics."