I love reading myself so to teach my child to read is a fun and interesting process.  Its amazing how the mind works.
Reading is probably the most important skill to have in order to be successful. Great that you are passing the knowledge on.
I totally agree. It was funny that one book for a child told me at the beginning that reading is a way for them to acquire a language, communicate, and share information. I agree but I thought it was odd at the beginning of a child's book.
Yeah there are different levels of difficulty in books recommended for children.
Yes, we are on level one right now. At this point, I know my son needs practice, development, and of course, the whole point is to refine his reading skills.  Time is all he needs.
You are right. The more practice he gets the more he advances. Most schools try to have kids reading by Kindergarten these days.
I know, I feel like they push kids too much but then again, my son is 5 and is begging to read.  I just want him to want to do it since they say that reading is a complex process and can't be restricted to one or two interpretations on how to learn and or it. 
I am of the opinion that we shouldn't rush kids who are not ready to read yet. It will turn them off from exploring books on their own. Your son is not in that camp.
I completely agree. I definitely wait for them to have drive to want to do it, otherwise things can wait til they're older. I have been reading him Berenstain Bear books since those were my favorites as a kid with so many fun pictures too. Keep them captivated.