I'd do exactly what we're doing now. Public Charter school. I wanted to find an alternative method that would help my children flourish and I have done that. There isn't enough money in the world for having found such a wonderful place for my children.
Having said that I live in one of the worst school districts in the nation. If we hadn't gotten into the Charter we would've been in deep doo doo b/c we don't have enough for private school.
Before we got into the Charter we were trying to get into a public school (we did succeed) outside of our area that had better scores and a better fit for our oldest.
Long story longer, if money was no object public school would have to be bad to send my kids to private school. I see private as a last resort. I hope that doesn't offend. BTW, I was in private school through 6th grade.