With my children I will teach them about religion, about the siginificance of holidays and the need to have tolerance to all cultures and beliefs. I can't see myself sending my kids to a private school because most are religious. I will educate them with regards to religion, however, the belief aspect will not come from me.
That pretty well sums it up for me, too. But that said I will wait until I feel they are old enough to distinguish between "fact" and "belief" before exposing them, consciously, to religious faith. For this reason I would be against my children attending RE in early primary school but ok with it once they are older (in fact I think that RE is very important for anyone to be a well-rounded person in a multi cultural society.