I use this translation with the 1st and 2nd graders I teach. It works perfectly for their moving-from-pictures-to-actual-words level of reading.
Should Zondervan lower the royalty, I would love to see this available in BW.
In the meantime, paperback versions are very inexpensive. I'm fortunate enough to volunteer for a SS department that invested in a bunch.
Also, Olive Tree has a very inexpensive d/l of this translation.