The danger I see in milestones is if they lead people to think that a given child is *not* gifted because s/he didn't do everything early. That's problematic.

TOTALLY agree! As someone who flew under the GT radar until late high school/college, I have a special place in my heart for HG+ kids that are underachieving. My 2 kids (1 HG+, other TBD) have little natural work ethic. They expect everything to just fall in their laps. DS works comfortably 3-6 years ahead of grade level with prodding from me a couple hours a day, could easily do more, but would much rather re-read comic books.

He does a little dramatic play every time I expose him to a new math concept, and is doing it without effort 5 minutes later. I shudder to think where he would be right now had he not been IDed in his PS kindergarten class. He is much better than when we first started HS.