This seriously makes me want to put together a Krampus costume and run around the mall around Christmas time. I'm pretty sure I'd make for a thoroughly non-terrifying Krampus, but maybe I'd make it into the local "News of the Fat and Stupid".
There is a downside to Krampus parades. In some villages it will be a bunch of 23-year old guys who are wasted, and will use the anonymity simply to beat the shit out of anyone they feel like. With sticks. And the costumes are rarely this good.