Yeah, I dunno, @Mrs. K . I raised CX this past summer and restricted their food (in addition to pasture, not free range as OP intends to do) and ended up with very generous fat pads plus huge (10-11 lb dressed out) birds after maybe 11 or 12 weeks. Mostly muscle, and I agree that trying to make them actually lose weight (as opposed to slowing their growth) is a bad idea.
OTOH, limiting their intake of provided feed didn’t seem to hurt mine any, nor (apparently) cause them distress. Plus, it may prolong their lives, which is what OP would like to do. They *are* friendly birds even though I didn’t encourage pet-like behavior (for obvious reasons). I agree their best use is for food. Still if some folks want to keep them as pets, assuming they know what they’re getting themselves into, why not? People do it, apparently with a decent degree of success.
As for me, I’m going with capons this year. I want something more sustainable, plus a good use for unneeded males. Something about the manufactured-ness of CX, Red Broilers, etc. just doesn’t feel right for me. Not that I’d impose that on anyone else or judge in any way... it’s just my own heart—I realize capons are kind of manufactured too... it just seems less Frankenstein’s monsterish somehow than CX, etc.