One of the reasons I rejected the only "gifted" private school in my area when my son was entering K, is because what I was hearing from other parents was that it was really a school for rich parents who thought their kids were gifted.

And that supposedly if I could hold our horses, and suffer through public school K-3. Our local elementary had the BEST gifted program around for 4-6th, not that that program ended out working that well for my DS in the end.