I had heard about this sort of abridgment of the entire Bible, condensed into chapter-sized pieces that cover the main history of the book without all the genealogies, regulations, etc. Amazon had the NKJV version of this for like $2, so I figured I'd check it out.
It's definitely a good overview of the big stories. Of course quite a bit had to be taken out, but the main stuff is all there. It might be interesting to get a kids version of this, or even a regular translation and have this be a regular-readaloud source material.