I'm thinking along the line of saying no, I probably would not do this....
Here's why:
There are tons of magazines and websites with 'craft' ideas galore.
Before the web, I used to buy a subscription to a craft magazine that came out quarterly, and it included monthly/seasonal ideas, from young to old crafts...something for everyone. I would look through it with girlfriends and we would pick one to do together for the holiday's as nice hostess or family gifts. Through out the year I would try several on my own. I never got my daughter interested in any of it - such a bummer. I was hoping for a craft partner in her.
I've moved away and we still remember those years of 'crafting' together, but admit we would not do that now as we all have a lot of personal experience under our belts and we do what we enjoy and are good at, quilting, knitting, professional artist, piano teacher, etc.
However, I see this working mostly for younger moms with younger kids who would appreciate tried and true ideas from an experienced mom crafter.
I personally would want a craft project that is of good quality, i.e. no play dough and glitter things, and I would like pictures of the finished project, one where a child really did the project themselves. Not one done all perfect by the planner.
Good luck in your planning and executing and hope you find success :)
S