The religious indoctrination of children. For their own good, or a form of child abuse?

I am once again going to refrain from saying anything derisive and simply open up this topic for discussion. 

I do have a few questions however. What exactly is the benefit of a religious based education system? I mean besides the obvious opportunity to misrepresent the facts and proselytize to children at their most vulnerable and trusting?

And do most of you think that it is appropriate to tell children that the stories from the Bible, Torah, or Quran are factual, when the evidence does not support that point of view? Or do you feel that only ONE of these books should be taught as though its contents were factual? And if so, which one, and why?

Comedian Lewis Black explains the Old Testament. Warning NSFW language.

Lewis Black is hands down my favorite comedian, and I have listened or watched as many of his performances as I can find.

Here Lewis is using humor in order to explain something to which I think most Fundamentalist Christians, like Rick Santorum, Rick Perry, and Sarah Palin should be forced to listen.

I am not sure that Lewis speaks for ALL Jewish people, but I am fairly confident that he speaks for most of the really smart ones.