I vaguely remember my first Choose Your Own Adventure. My logically brain did not like them. My fun brain found them to be, well, fun. However, 
I tended not to read them as logical brain did not like the bouncing around the pages. But I usually enjoyed what I did read. As an adult I find them interesting and realize the kid who likes to make up their own stories or likes to not follow the pack would be the perfect audience.
The only issue is that the CYOA were always for the at least 10 and up crowd. But what about the younger readers? They might have been able to read it, but did they understand the concepts? Then one day, I found a CYOA series that was aimed at the 7 to 12 ages. They are larger in physical size; have basically shorter stories and a lot more illustrations (especially color illustrations).
One of my favorite parts of my not-sales floor job has been to see the books customers order. One such ordered was a book called Ghost Island (Choose Your Own Adventure: Dragonlark). This book by Shannon Gilligan and illustrated by Keith Newton (who by the way is a hoot in the drawing department. His characters are characters. Their expressions tell you everything you need to know about them, and they are cozy. Not to mention all the colors you will see and the details! Yes, there is much going on with the details on the pages) is a neat story. While this book was not my favorite in the CYOA series, it is a lot of fun. It is part ghost story (sometimes real), part friendship story, a whole lot of mystery and one storyline that will take you on a time trip to an interesting past.
While difficult to read to a group, a one-on-one read with a child could be a blast (especially if they are like fun me: I pick option 1, then reread with one change and continue until that is exhausted. I then go with option 2 and repeat above process).