I agree with compulsory PE as well. Our kids have 4 periods a week.
It's easy for me to say because my kids are coordinated and sporty, they love it plus I run a swimming pool so it is their lifestyle.
I definitely believe in developing children's natural gifts. For some that is sport, others music, art, whatever. I do think that everyone needs physical activity everyday though (not necessarily team sport), for their health and also their mental wellbeing. They should provide more options for kids who don't enjoy 'sport.'