I definitely do what inthatoneway does with names, especially when they're exotic names that I wouldn't have the first clue how to pronounce (which, when you primarily read science fiction and fantasy, happens a lot ;-).

I read fast enough that I think I might be doing the "whole word" thing that is pointed to by the research on the subject. But on the other hand, I seem to be much more likely to catch typos than most people, and I rarely read one word for another, so on some level I'm paying significant attention to the individual letters.