Ugh! I think I would make the same choice in your boat--BTW, I saw in another post that you are having one evaluated. If she is eligible and you do homeschool, know that even at home she can still receive direct services--90 minutes a month. It's called an ISP. Freepmail me if you want specific information. I know 90 min doesn't sound like much, but depending on the situation, it can give her some help.
If we homeschool, we're actually going to do it through the district. They have a home study program, and then my daughter will receive all the services that she needs (speech, occupational therapy, and reading/writing help). I've already talked to the home study teachers, and they are nice and very flexible. We have to jump through some hoops, but I'm okay with that.