I am a bit further along this road, so I'll chime in
. My eldest dd is 12 y/o and highly gifted. She was homeschooled for a bit in elementary and the std school set-up really did not work well for her socially or academically. She is now doing well in public school, though, due to a few factors: she was on the young end when she started (bd just before the cut-off), she skipped 5th grade, middle school in general has been a better fit for her b/c the tracking/acceleration options have been greater & her middle school had about 300 kids/grade so she's been able to find some peers with the older MG-HG kids in her grade, and she's done a lot of extracurricular stuff in her area of interest.
My younger dd is 10 and maybe HG (very erratic but some of her scores are MG and others are EG+). She is also twice exceptional with ADD and an anxiety disorder dx. We haven't been able to homeschool for her due to my needing to maintain a job outside of my work from home stuff. School has not worked at all well for her although I might not have done better at home b/c she and I butt heads so much.
I guess that what I'm getting at is that, like someone else said, what a child needs isn't dictated solely by his IQ numbers. I wouldn't assume that you have to homeschool quite yet unless you want to homeschool. If you are able to do so it certainly does keep options open, though, if the worst case scenario plays out somewhere along his school experience.
