A lot depends on the overall context and school culture, certainly.

I think that Cricket and I have both been burned so badly by "gifted-as-status" within our own local communities that we tend to shy away from things that we just know lead down that path.

I think that most of us would find it HIGHLY offensive to take a yearbook photo of kids with household incomes over-- well, over some particular value. Why would that be objectionable? It's just an innate difference, and yet it would serve as precisely the same sort of social lightning rod.

Schrödinger's cat walks into a bar. And doesn't.