Investment for kids in USA- Saving for college

I have been doing some research for good investment plan for my kid. Below is some of the options I have found. Click on the option headers below for more details. The informations are from www.babycenter.com. I have given the main points below, in case you are a lazy reader like me :)

1) 529 College savings plans
 Pros:

• 529 plans offer huge tax breaks
• You stay in control of the money
• 529 plans are very flexible
• Can be started with as little as $25

Cons:

• Your investment options are limited to what's offered by the state
• If you don't use the money for school, you'll pay heavy penalties

2) Prepaid tuition plans
Pros:

• Prepaid tuition plans are a virtually risk-free way to pay for college
• Some prepaid tuition plans offer tax benefits
• Prepaid tuition plans don't affect financial aid eligibility

Cons:

• Your child's college choices are limited
• Prepaid accounts may limit your investment growth potential

3) Cover dell education savings accounts (ESA)
Pros:

• It can be used for pre-college education expenses
• You have a wide range of investment choices

Cons:

• To contribute you must meet income restrictions
• You can't contribute more than $2,000 a year per child
• Coverdells have age restrictions
• Fees and penalties could wipe out your gains if you're not careful

4) Custodial accounts
Pros:

• It's easy to set up
• It has few restrictions

Cons:

• Custodial accounts are taxed heavily
• Your child has complete control of the money as an adult
• You can't switch beneficiaries on the account

5) IRA and Roth IRA accounts
Pros:

• You can pool your savings for potentially larger earnings
• You can pull out Roth IRA contributions at any time without penalty
• Roth IRA money isn't restricted to education expenses

Cons:

• There's a limit on how much you can contribute each year
• You're eating away at your retirement nest egg

Let me know if you know of any other ways to invest.