I apologize - I didn't read all the responses but wanted to add my experience.
I am very pigeon-toed. Saw many specialists as a child (who kept saying I would outgrow when it was obvious to my Mom that wasn't happening) until we saw one who basically said they would need to "break" my legs all the way up & realign them - probably similar to what you are describing. We decided not to pursue it at that point.
As a child/teen I turned my ankles a LOT because of it. Skating really helped strengthen things, as did growing & becoming more coordinated! At 13 I was hopelessly clumsy but I'm not sure my feet had that much to do with it - it's an awkward time for many kids.
I did have some troubles with a coach who would make comments about my gait, saying that was why I was not a fast runner but outside of that it was rarely mentioned. I know I have a "different" gait that is probably pretty identifiable - sometimes in pictures I even look awkward but it has very rarely been an issue.
Now as an adult I have a lot of difficulties with my hips being very tight. I powerlift & have to work very, very hard on my squat & being able to squat deeply. I spend a lot of time stretching this area - I'm fairly certain this is due to everything from hips down being turned in instead of neutral.
It is a very personal decision. I'm not sure I would do it myself, especially if it is not causing physical pain or problems.
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