Melisa,
It sounds like you are on the right track, and I'd agree that given the situation with the schools, more radical acceleration might make a lot of sense.
Also, I agree that the contest math is the best way to provide challenge that is much deeper than typical curriculum math.
Good luck with working out your child's program!
By the way....it is hard to find perfect schools. I'm currently frustrated that they are about to eliminate ability grouping for our middle school math classes. Math is the only subject that our MS currently separates out based on ability (A/B/C/D periods). Starting next year they are mixing all the math classes up completely heterogenously. They say the research shows no negatives of this. Ha! Means extra teaching at home, but I can do that--I love math. I feel sorry for the kids where that isn't as viable.
