Quote
what i really needed was some guidance as to what I could do with that potential.

This is so true, even for me.

As for us, I have not told DS6 his, and I don't plan on unless he asks. We focus on the fact that there's a reason he's been grade skipped and what that means for him and the people around him. He's extremely sensitive to people's feelings, so he has yet to use the "I'm smarter than you are" line, and we encourage him not to. I think having him in sports, where he's not #1 has helped him to realize (and his perfectionism) that people are better at some things than others... his just happens to be academics.