I dunno about replicating the 'exam experience' ... It was traumatic enough once... I felt like a zombie after the FE exam last year. After the finishing the questions from the morning session I diligently went over my calculations, checked my bubbling skills (which apparently were up to par) and then filed out with everyone else, went into a corner, ate my lunch, called my wife to complain how awful it all was, and then mustered up the courage to go back in... In the PM I watched the clock tick down, anticipated the 'you may not leave the room now' announcement and promptly fled the scene 30 mins before the end without checking anything and feeling like I was 50/50 on most of the problems. I just simply could not stay in that seat any longer. I passed thank goodness...
I am yet to begin my PE journey (anticipating Oct 2011), but am planning it out. Right now I am thinking I will skim the MERM, take the 2001 test in two 4-hour sessions (on separate days) to see how I fare in the AM and PM T&F and to gain insight into my strengths & weaknesses. After that I shall work through the MERM chapters and the companion problems, throw in the 2001 & 2008 PM problems once I'm done with the subject. I'll save the 2008 exam until a few weeks before, and I think I will split it into two days again. Then touch up my tabbing & polish any subject areas needing it.
But I am interested in the above debate, did anyone find that they gained some measure of endurance from emulating the actual event with the practice tests? I feel like I couldn't go through the ordeal more than once a year, let alone a few weeks apart.. And I can't imagine treating it like it was the actual thing, especially not over an entire day. Because it clearly isn't...