Anyone have any good Christmas Craft ideas for Toddlers?   

You could have them make a ornament for their Christmas trees. You could place a picture of them in the middle of the ornament.

You could get a bunch of soda bottles, (empty ones) and paint them white, and decorate them like a snowman or santa.

You could make gingerbread houses with a tiny empty milk carton, then you use vanilla icing to glue on graham crackers and decorate it with different candies.
You could also use the cone shaped ice cream cones upside down and put icing on them and decorate them like Christmas trees.

well, I have a 4 yr old, and we are making ornaments at home out of the craft foam sheets you can buy in the craft store. I trace shapes or her hands and she cuts them out and decorates them, and then all you have to do is punch a hole in the top & tie on some pretty ribbon. Cheap & easy. Might need to have grown ups do the cutting. They also have those foam shapes that are self-adhesive & make the decorating a little easier & quicker.