I am not an academic so my perspective may be a tad different. I have found that in the professional context, the ability to quickly identify and solve a problem have come in handy many times. I believe that ability is tested when a very young child takes the SAT without the benefit of the presumed formal instructions.

My cynicism is probably greater than yours. One of the reasons why I am considering SET membership is to have one additional ammunition in my arsenal in case I need it for advocacy down the road. That was also the same reason why I had DS join DYS. It was nice to have that in my back pocket when I requested the last acceleration at the beginning of the school year.