I appreciate the input. This was such an obvious failure when it was tried with my DD that everyone knew not to continue with it. In this case, where the teacher reports that he is good at it and he seems to like it, I find myself uncertain. He is the youngest, and we are not having more children, so I like the idea of him having an opportunity to guide and he a leader sometimes.
I probably sound very defeatist, but I don't expect him to be instructed at his level in K and 1 anyway. He reads around the 4th grade level, maybe above, and math is easily 2nd grade (could be higher with instruction, but he doesn't know things like time, measurement, etc.) He will move to his sister's GT magnet in grade 2. Basically, we need to keep him from completely dying on the vine for a couple of years.