I think the parents can be trusted to impart the values, religious or otherwise that they see fit.

I couldn't agree more. Of course it's the parents' right and duty to impart values. I don't even doubt that religion can and does impart good values (though the same good values can also be imparted without religion every time). But we are not talking about values, I'm afraid. We are talking about religious dogma, myth wrapped up as truth. I don't think anyone is entitled to tell children lies. This is what I object to, not the imparting of values. The Big Lie in religion is the certainty with which it is propagated. I think it's particularly immoral when children are involved.