In large bowl, stir pancake ingredients with whisk until well blended.

Heat griddle or skillet over medium-high heat (375°F).

Brush griddle with vegetable oil if necessary (or spray with cooking spray before heating).

For each pancake, pour ¼ cup batter onto hot griddle.

Cook 2 to 3 minutes or until bubbles form on top and edges are dry.

Turn; cook other side until golden brown.

Using 3½- to 4-inch gingerbread boy or girl cookie cutter, cut one shape from each warm pancake.

Decorate as desired using icing, candies and sprinkles.