Here is a review of a book alledging that it is indeed playable: Italian Game and Evans Gambit by IM Jan Pinski, reviewed by Rick Kennedy.
evans gambit
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I am an e4 player. After e4 e5 Nf3 Nc6 I play Bc4 always. I play d4 variations against guicco piano and 2 knights. But I would like to know whether the evans gambit against the guicco piano is a sound choice. A score of -.5 or higher for white with best play is acceptable. I prefer opinions of players with b class rating or higher and preferably players who already play the evans gambit or know it well.