I like the idea of having him build or building with him an amp.. would be very benificial, that is if you could keep his attention that long! Kind of actual training of the ol' "if you take a lot of time and effort on something, you can have something great" life lesson...
I'd suggest also a DIY project speaker of some sort.. depending on how woodwork friendly he and your garage are.. you might go with a simple "put it together" kit where no sawdust is generated rather than sawing MDF.. Then he's got his, and you've got your's.
A easy, cheap, assembly only kit is the BR1 the Parts Express has, they have the feature of being low sensitivity.. cranking it won't produce quite as frightening results... that is if you don't include a large subwoofer!
They do have a range of kits for both speakers and subwoofers. And there is the WORLD of DIY designs out there, though most require a fair amount of construction.