I think the most interesting thing for me from the photoreading stage is the ownership feeling I get from the reading books etc. It becomes easier to apply the knowledge because inwardly I already know it. The problem with these feelings is they are hard to explain.
I tried to explain it on the genius code forum where I explained something of my direct learning experience. I must have seached 30 sites and hundreds of pages. I only Photoread looking for data. Ie. holding consciously in my mind what information I was looking for and then photoread the pages. I found what I was looking for no worries but I also learnt a lot more than I expected. I guess it would come under spontaneous activation.
I started writing out my findings, however I had the good fortune of having lost all my data thanks to the computer chucking a wobbly last night. Now I can start writing it all over again 
Mark what I'm trying to say... don't skip the photoreading part... it does make one heck of a difference in memory and usefulness of the stuff you read. You'll notice the deja vu and feelings of familiarity soon enough.
Alex