I've taken a course "smartreading" and it uses the same principles as photoreading. The only difference is that "smartreading" is the Belgium equivalent of photoreading.
During the course we had to "scan" (=photoread) a book and and an hour later we would discuss about it. The results were actually quite impressive. The trainer talked with us and said is there anything in the book about this and immediately I could see the page in my head and tell things about it.
I was also thinking about a quote but I couldn't know exactly what it was, But in my mind I could see it in the middle of a page with one piece of text above it and one underneath it. I looked in the book and I immediately found where it was.
I also have the photoreading course, and during the first lessons you have to scan the dictionary. I've practiced a bit with it and I used a word recognition game. I had to guess the places of 10 words. With many of these words I had figured the exact same place and with others I was very close to it. (after a bit of practice off course)
In photoreading they also state that you should be able to have spontaneous activation (activation of a book immediately after photoreading or during a dream).
There are also a lot of other sources on the internet with great movies.
This one is from one of the founders of photoreading.
YouTube - Photo Reading Infomercial - "Computer Speed"