Can you please post which CTP bits you were using? With Feb CTP this should work. you must be able deserialize it as an array.
Please consider adding object[] to Known types for your case.
[DataContract(Name = "Parent", Namespace = "MyNamespace")]
[KnownType(typeof(object[]))]
public class Parent: ModelBase
{
...
[DataMember(Name = "Childs", Order = 6)]
protected IList _childs = null;
To deserialize this as an ArrayList you need to change the member type to ArrayList
I hope this answers your question.