Some parental advice from all the lovely parentals? Non parentals also welcome :D

[Losty]

Ok so my daughter is 7. She is in the first grade. Her birthday is in the end of August so she missed the cut off for starting kindergarten at 5. She is currently reading at a fourth grade level (sorry to non-muricans, you may have to do some kind of conversion). She does math at a third grade level. She is just generally ahead for her age. Yesterday I had a discussion with her teacher, an academic advisor, and the assistant principal at her school. She has apparently tested in to the gifted program that is at the same school but in a separate part from other students. (I didn't even know they were going to test her). The test, they tell me, even has a written exam that she did very well on. They want me to sign for her to be in the gifted program next school year.

My issue is that the program is only for 3rd grade and up. So if she goes into this program next year, she will have to skip the second grade. I know this is a really great opportunity for her to be able to use her mind in a more stimulating way, right now she frequently complains that school is so boring and she doesn't get to learn new stuff. I also know that she's 7. She's just a baby. I can't decide if it's a good idea to skip her ahead a grade instead of letting her have this time while she's very young to be...very young. I want her to be able to play and be silly with kids her own age and not go to school everyday feeling weighed down by the pressures of measuring up to kids that are older than her. I can't decide what to do.