We're a Pagan family, but a lot of what we do could be adapted to other faiths...
In terms of "how it looks":
I have altars and nature tables in almost every room of the house. There is a kitchen altar on a small shelf above the stove (filled with things that symbolize fire, abundance, and nurturing since that's what I want the kitchen to reflect), in the bathroom there is a shelf with "water"/"health"/"peace" symbols (like shells the girls collected, candles we can burn during baths, and herbal remedies we "charge" on the altar), in the living room is our primary family altar (the entire top of the piano, it holds our family offering bowl, statues that represent each member of the family, flowers and stones and random things the children have found or made for the altar, and artwork that is spiritually meaningful to DH and I... also a small patchwork banner I made that has each of the nine noble virtues embroidered on it) as well as the children's own nature table (traditionally Waldorf in style, there are a lot of felt animals and plants and found objects that vary with the seasons and holidays), the children's room has a small altar devoted to sleep/dreams/security (a guardian angel type statue, a nightlight, a bowl of herbs and stones associated with sweet sleep, a dream catcher my oldest daughter made, and two felted "dream faries") and our family bedroom has a dresser-top altar that is focused more on the relationship between DH and I. We live rurally and have a big, forested, backyard... we've enclosed part of it as a playscape for the kiddos and as a hang out space for everyone... within that space we have a family altar built into a tree trunk (a copper offering bowl, a statue of a deva, a smaller bowl for burnt offerings, and banners/windchimes/suncatchers hung from the branches nearby). Oh, and I make a new wreath for the front door every holy day (so 8 times a year) that reflects the theme of that holy day and acts as a protection on our home and a blessing on those who enter/leave.
In terms of "what we do":
I try to work our beliefs into common, every day, activities. I add specific herbs to the mopping water and talk with the girls about which herbs I chose and why, I open the windows and doors while I clean and then after cleaning close them back up and seal the space (with a candle, or music) and again narrate the process. We sing a blessing before each meal, we say our prayers every night before bed, we make regular offerings at the indoor and outdoor altars, and we talk (a lot!) about how and why we do things ranging from the daily/small (turning or reaching clockwise) to the seasonal/big (the holy days, or why people die, or whatever). Probably like any family Dh and I add our perspective on a dvd being watched, or a news story on NPR, or the reasons why people do what they do and I'm sure our perspectives reflect (to some extent) our religious beliefs.
In terms of "homeschool":
Well, we attend Unitarian services when the community has an active children's RE program... when we can't we use the online RE materials the UU community provides. So I guess in a sense we "homeschool RE" that way. We also homeschool for academics (using Sonlight of all things! LOL) and simply swap out the Bible readings and Christian Religion elements for readings from the Eddas or Sagas or Wisdom Sayings or whatever might be appropriate. If Sonlight asks how a story reflects, say, the Ten Commandments, we instead ask how it reflects the Nine Noble Truths for example. So again, I guess in that way we "homeschool" our religion to a certain extent. (however, since Pagan religions don't have the same sort of relationship to specific texts that Christian religions do, it's not exactly the same thing... for instance, we don't believe the Eddas are "true" in the same way a Christian might believe the Bible is "true").
As for life with children... I certainly do some things differently "just because" of the kids. We don't attend religious gatherings that don't have a children's program and we attend gatherings that wouldn't have appealed to us as a child free couple. We do more morning/afternoon/evening rituals and fewer late night rituals. I "narrate" what I do and why as I do it, which would probably be a good sign of insanity if i didn't have young kiddos. Our altars and nature tables are much more organic and a lot less "formal" now that kiddos are around to break/rummage/rearrange/add/remove things... and open flames are a lot less common and a lot more "observed" than they were before kiddos. And DH and I have a deeper faith too since we're called on to explain or expand on things... pre-kiddos we were more "bookish" in our faith maybe while now we are constantly aware that we need to be aware and active in our beliefs so that the kiddos can /see/ as well as hear what it means to be Pagan.