Given the people spearheading this effort, George Bryan and Ted Burcaw, I'd say the new school being opened at The Children's Home stands a really good chance of working.  I was able to spend a bit of time with George during my organization's project at TCH and I've met Ted, who is the brother of a good friend of mine, on a few occasions.  Let's just say that both guys bring some serious wattage to the endeavor and that, in addition to this being a good idea in general, will go a long way towards helping the school succeed. 

From the article:

Winston-Salem/Forsyth County Schools and The Children's Home are entering into a partnership that will enable students to benefit not only from extra attention from teachers and mental-health professionals but also from being on a 212-acre campus on Reynolda Road that has a functioning farm.

"We will be able to do things for kids that nobody else has been able to do," said Principal Ted Burcaw…

Officials don't know yet how many students will go to Kingswood when it opens for the 2010-11 school year. The school is intended to serve no more than 150 students. It will have seven teachers provided by the school system, and each class will also have a mental-health professional from staff at the Children's Home.

Outside of class, students will have the opportunity to work with the Children's Home's psychiatrists, psychologists and therapists. And, when appropriate, parents will be invited in for family counseling.

Update (July 13, 2010): A commenter asked how to get her elementary school-aged grandkids enrolled at the school. I passed the question along to Theo Helm at WSFCS and here's his reply:

Jon — The school will serve students in grades 6-12 next year, so it's too early for Ms. Hall to register her children. Generally speaking, it will serve students who have more involved mental health needs. Most students will either be referred there (through the IEP, or Individualized Education Plan, process that serves exceptional children or through a mental health referral) or assigned there (through the discipline process). It will also serve children who live at the group home at The Children's Home. Although there will be some parental choice, students will still generally need to be those who need more involved services.