Me, too. I was nodding right along with Mia when I read her "Do you sound out every word that you come across?"
I think the best readers don't read phonetically except on rare occasions. I'm an EXTREMELY fast and accurate reader, and I tend to read whole lines at one time. The idea of reading letter-by-letter sounds like torture to me!
I suspect many GT kids are like this. I'd bet it's part of that "seeing the whole before the parts" thing that lots of visual learners have. And while it is important to understand phonics eventually, I don't think it's the only (or even best) way to learn for all kids. I know it wasn't for me!