I have done a bit of research in to the IB PYP for my daughter. I have to say I think it looks fantastic. Certainly in the IB schools in my area are very high achieving and from what I understand the IB program is a good way to cater for. various ability levels. I've heard great reports from parents of gifted kids who've chosen to go down that path.
The only negative that anyone could come up with is that middle years program is possibly not as good as the primary or high school level programs. However the person who mentioned that to me qualified it by going on to say that middle school is a pretty notoriously difficult period to teach regardless of the program you're using (due to adolescent hormones etc)

While we've chosen not to go with a IB school for our daughter who is starting school next year for a couple of reasons (none related to the quality of the programs offered) - if we find that doesn't work out, an IB school will be our first port of call.