I think the important thing to remember is regardless of how much talent, hard work or giftedness children come to the table with they are most likely going to live pretty average lives. My husband and I both have fulfilling careers that we enjoy and allow us enough free time to enjoy other pursuits and pay us enough to enjoy our lives. If my daughter ends up like that I will be completely happy for her. About 98% of the people who graduate from ivy league schools pretty much end up about the same. My spouse in an MIT grad (not ivy but still elite), he would have made the same career choice if he graduated from his state school. I think all the pressure is to make children "exceptional" when in all honesty even with various gifts everyone will be pretty much average:). As an aside, the average IQ of a Ph.D. level university professor is 124, so 120's would be high enough (and is the norm) for the highest level of education in most developed nations.