When talking to a group of kids about what would make their community a better place to live, I asked them what adults could do to make it better. One of the boys said "Don't over-react when we do something wrong. Tell us off, but don't make it into a big deal."
That's good advice. As adults, we often over-react and blow things out of proportion. Part of growing up is getting up to mischief and doing things that adults disapprove of. We all did it and so will every generation to come. Just as our elders did when we were young, adults need to make sure kids have boundaries - but let's not blow things out of proportion, or believe that this generation is any worse than any other.