I was homeschooled through most of my academic life Grade 3 through to Grade 12 (Senior Year)
Mum and Dad wanted to give it a go, and so did we. We are a very self sufficient family, and so homeschooling is really just another notch in the belt of that for us.
In AUS the state basically 'owns' you when you are on school property, and can teach you whatever the hell they want.
A lot of schools are also very funding driven, so they don't care if your child is excelling or not, as long as they have the numbers they're pretty happy, and the teachers have it hard because they often are given a lot of what parents really should be teaching their kids on top of the normal studies.
Also tests are very standardised, and in my personal opinion only created with the harvesting of those who are more adequate academically, and furthering those lucky students leaving the others who really need more help for dust.
As far as having social skills goes, I can't speak for the entire homeschooling community. But it is in my personal opinion a fat myth on the most part that your children will be socially incapable, and deficient because they were schooled at home and not out "in the real world".
It's usually only a very small minority of families that you will find that are little bit more reserved and not likely to find it as easy to interact with people up the the standard of I don't really know what.
We used A.C.E which is actually a curriculum based in the U.S, and found it quite good, and though repetitive, very thorough.
Homeschooling, The way we did it anyway especially when using this curriculum was very much self taught, and self paced. So if you don't learn to prioritise, and set goals you will have your own self to blame as is the case and simple truth in this world.
It is a good skill to have however when seeking high education as it is usually self paced, and you do the majority of the work yourself.
I'm not a whizz at Math and English, really wouldn't call myself great at stuff. But I enjoyed history, and biology, as well as computer science.
I graduated at 17 and I am 19 in November, I had no difficulty in finding a job. I opted for getting a trade instead of getting into student debt. I did business maths which I did excel at, and because of that decided that I would be better of getting a trade, and working hard at that so that if I still want to can pursue a career in Pysch which is what I had interest in.
For the time being however, I am Support Engineer for a massive Telecommunications company that has a lot of contracts with Government sectors, and in my job, I drawn upon ESPECIALLY, the social skills I garnered at home, and out with my interactions with other people while still in school to deal with customers, and give support.
Overall, Homeschooling is great, I had a great experience with it and thank my parents for choosing to let us have the opportunity to do so, and if my future wife and I decide so, I will definitely homeschool my own children.
I should note that my parents didn't go to a fancy school, and were not trained teachers or anything. But the things that I would say qualifies them more than anything is that they love their four children, and are led by their conviction to do what is best for them always.