We like to read aloud to our kids, even long after they can read by themselves, just because it's a great bonding time. Plus, it's a different experience to hear a book read aloud than just reading it silently.
Some books are great for reading aloud, and others just aren't as good. Last year I read "The Penderwicks" to my kids. It's a great story, lots of fun and adventure, and absolutely nothing bad. All of my kids enjoyed it, and I quite enjoyed it myself. I am reading the sequel to them now, "The Penderwicks on Gardam Street." It's great fun. I highly recommend both books.
What books have you found to be great for reading aloud to your kids?