I went to a catholic high school so had to read bits of it in religion class every day. I don't own a bible and would not read it now(as im changing to pagan) but i am glad that i did read it(most of it) just incase the subject ever comes up with our children about it i can answer their questions and know what i'm on about!
How true! You can't dismiss something until you understand it, just my opinion Well said Tegan.

There are lots of Children's Bibles. I think it's also a good excercise to do so that you can compare the teachings of the Bible to that of other religions... there are many many simularities.