I'm totally into this for a party idea. I love playing games at parties. This reminds of a party I had once where I created a life-sized boardgame in the backyard and had a "Mario Party" Party that was just like the video game. I wish I had pictures. ):
silly photo booth - Silly photo booth: This activity is a must for a carnival birthday party! Provide funny glasses, clown noses, mustaches cut out of felt, oversized hats, etc. and take silly pics of the kids using a Polaroid or digital camera. These pictures are great for including in thank you notes!
re-create this in a more circus kind of way with your child. make the frame out of wood then use painters tape to paint it red and white. make arrows using bristol board for a fun touch put velcro on the backs so kids can mix it up.