Raising a child in a religion differs from each view point. If you are a religious person, most likely, you will want your children to grow up with a similar up bringing. This, of course, can be said the other way around. If you grew up with religion, but resented the fact that you were forced to praise something you do not believe in, you would obviously not force your child into religion.
Personally, I think one should just follow in what they believe in. That will be what is best for their child. I, myself was brought up in a religious household, and grew up going to church every week. I didn't know how serious religion was, but it did teach me right from wrong. As I grew up, I learned to love Jesus, even if I didn't exactly know who he was. The older I got, the more I learned the true meaning of Christianity, and learned to love Jesus and God for all the miracles they have provided me (Family, Food, Belongings).
In my honest opinion, Religion is a good way to bring up a child. The spirit of Christmas and Thanksgiving (to mention a few) have a vibe which makes everyone feel happy, and most of all loved. Even the mentality of knowing I am on this planet for a reason, and once I die, I will not just rot in the ground, assures me that life is not a waste.
Without growing up with God, I think I would be less of a person than I am now.
OFFTOPIC:
I started to realize that most of the stuff in the Bible has good sayings that can be used for many different situations but the stories about Jesus healing blindness with mud is just bologna.
Remember, the Bible is not only a book of history; it is a book of morals, or contextual entirety.
The Bible has a lot of facts. There was a Jesus. There was a Moses. There IS a God, but most of these stories were made of Hebrews who wanted explanations for things that happened miraculously.
Infact, this is how the Catholic's think (I am one).
For example,
In The Book of Revelation, it talks about a Great Apocalypse which will come upon the land, and kill everything on Earth.
Will that really happen? Probably not.
Well, if you take it literally, maybe you might think that,
But try thinking about it contextually.
During that time, The Hebrews were enslaved by the Romans. The Romans commonly killed or tortured people who believed in God. Overall, Hebrews were oppressed.
In retaliation, the Hebrews prayed to God that they would receive justice, and little signs from God, they would take.
Soon, John (the writer of Revelation), depicted the end of the Earth itself, which sought 4 horsemen (which coincidentally were described similarly to Horse Riding Roman Cavaliers.) These 4 horsemen represented 4 things, one representing death.
The "end of the World", was also cleverly written by John to represent the Hebrews being killed by the Romans.
Because this was a big possibility (Remember, this happened in Egypt during the Old Testament), they tried their best to scare the Romans off from doing this. This ended in them basically implying, "If you kill us, the world will end, and only Christians will be saved."
It was basically a threat.
This is not only my opinion, this is how Theologists and Religious scholars perceive the story to be.