Well, the 2008 school year is not far away. It doesn't seem that long ago when Nicole and I were talking about schooling options for our toddlers. At that time we managed to get a hold of a book called Schooling Choices edited by Dr. Wayne House which outlined various arguments for (1) home schooling, (2) Christian schooling, and (3) government schooling - from three different authors, who then interacted with each other's viewpoint. We found the dialogue very interesting and informative.
Our children are now 18, 16 and 14 years of age. We ended up doing a little home schooling in our children's early years, then sending them to a Christian school for most of their primary schooling. For their last few years of high school we have made use of government and Catholic schools. This is mainly because of the 'fish bowl' that they lived in, being pastor's kids and attending church, youth group and Christian school all on the same campus. We found that involvement in a different school in their latter years has been very helpful and has actually helped to strenghten their personal faith.
Ultimately, each child is unique and parents need to prayerfully consider the needs, interests and maturity of their child, as well as all of the vailable options before making their decision.