I would say yes on photoreading the reference material.

I took the Professional Engineer exam this past Friday and photoread several of the reference materials that I took into the exam and worked very few practice problems.

I did not have time to activate all of the materials (2 of the books I PR were 1,000 in length) but I think the previewing step in conjuction with the PR made finding information easier in the exam.

If you have mastered activation, I this it would help you that much more. That is my weak area right now...
Of couse, I am still trying to master this...