Combine the first 3 ingredients into a medium saucepan over medium-high heat. Bring to a boil; reduce heat, and simmer 3 minutes.
Place peach mixture in a blender, let stand for 20 minutes. Remove enter piece of blender lid to allow steam to escape; secure blender lid on blender. Place a clean towel over opening in blender lid. Blend until smooth. Pour into a large bowl. Refrigerate for at least 3 hours.
Press peach mixture through a sieve over a bowl, reserving liquid; discard solids. Stir in lemon juice. Place 1/2 c ice in each of 8 glasses. Pour about 2/3 c lemonade into each glass; garnish each glass with 1 peach wedge.
Adults: Stir in white rum or bourbon.
Calories: 98. Fat: 0g
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