I thought it was interesting in Ruf's "Losing Our Minds" book that one of the Level 5 kids (Rick Arnesen) worked as an actor as a pre-teen in movies. The parents said one of the benefits was the private tutor that the movie company provided (better than regular school, at least!).
I agree with what was said above- I think giving her the opportunity to perform in non-to-low competetive environments is great. She deserves the opportunity to express herself and to be creative, etc. I think modeling and pagents should wait until she is old enough to make informed decisions for herself and had a defined self-identity.
In the meantime, all kids (beautiful, brainy, athletic, etc.) benefit from working on their self-confidence and self-respect, understanding their own strengths and weaknesses, identifying their superficial vs. deeper characteristics and learning the value of hard work. IMO
It sounds like you are doing exactly that!