We also did the you read one chapter, I read one chapter (you can do alternate pages instead of chapters at this age). This is really a great technique.

Also, my dd8 still loves it when I read to her, even though she is capable of reading way above grade/age level. What I do is get two kinds of books. One half is at her grade level and the other half is either much more advanced or something we can discuss. I read the second set to her.