There were alot of people negative about homeschooling, but I think it is because they aren't doing it and haven't tried it. Academically my son has done great and it has been about a month. He is already reading 3 and 4 letter words. He is learning so much and I know when he isn't getting something and we spend extra time on that area.
As far as socializing is concerned I agree with what some other people said here. THeir kids are able to carry on conversations with adults and all age groups, not just kids their age.
My son does gymnastics once a week. I do want to get involved in some sort of homeschooling support group. We are working on that. Mainly so we can do field trips with other kids and mom can have support.
Anyway, I don't think you need to have a degree in education to teach your child. There are DVD's, etc. You don't have to commit to it for life and I am sure you can do Kindergarten!
I love it and he is thriving! He is learning responsibilities at home too. He does chores and helps look out for his brothers!
I would love to offer you any help or ideas if you want to chat off this board. I was so nervous to start, but once I got started I really love it.
Good luck and pray alot about it!