Hi friend.
Answer to your question is YES. I have experience of such PERFECT RECALL.

I was in 10th standard (India)at that time. I used different system than photoreading which was mentioned in the meditation books from India. That different type of meditaion is similar to our prepare step but takes bit more time.
yet, after photoreading( same step is available in that system also, which is termed as "third eye" in that book as that book was related to kundalini and meditation ) the text book for 3 times "I could actually read the book without having it in front of me"
And I have scored 74 marks out of 75 in the exam.
thats how it goes.
If you are interested plz read literature of "SWAMI VIVEKANANDA"
he could grasp informaton in the books by just looking aat the page(and it is termed as photoreading.)

Whatever others say about it.
I say it.
THIS SYSTEM WORKS.
I have done it before.