I must say that I find the debate regarding homeschooling intriguing. I want to end State monopoly in virtually all sectors, and homeschooling is a fine example of how diverse a free education sector actually could be. Formal classical schools would probably also exist, and it is definitely nothing wrong with them, but in a freer society they would be competed with. It would also increase the freedom of choice and the availability. I’m also sure of that the availability of high-quality private-sector and non-formal education generate side benefits, which we know little of today. This has been proven in all other sectors this has occured in, so why not in the education sector? Ban on private entry into the education sector has no more justification than into heavy industry.
Again, there is actually little I have to say against the arguments of Beyondbluestockings, more than I’m totally against corporal punishment and that it also should be illegal on federal level (but this has not really anything to do about the subject as a whole).
I think, however, that dead beat kids are way better off in a formal school setting rather than with dead beat parents – much due to the fact that there is probably much more professional assistance to get in a formal setting (diagnoze, school counselor, etc.).
In all, it sounds like a lot of work behind it and I don’t think it is something you as a parent just consider over a fortnight. I think there are some families that would actually be better off if homeschooling was allowed, and most of them I reckon would be those who were extremely motivated delivering a qualitative piece of education for their children.