Praet,
Good point on attitude for the test. At the same time, test takers should consider the value of each question, so scoring does matter. Using more time, if necessary, for the first 5 (or 10 or 15) problems is due to the weight of those problems. Conversely, using less time for the last 5 or so problems is okay because the score is much more established by then. When I take the test, I'm more likely to guess toward the end if I'm running short on time. I agree that having a short-term memory when moving on to the next problem is important since the decrease in morale from a difficult previous question and its less-than-confident answer may become a distraction. Being aware of how the test scores is significant for planning a strategy on timing and realizing the value of guessing techniques. On one PP test, I spent eight minutes on a question since it was #7 on the list. No way would I miss that one. I got the right answer and had to whiz (reasonably) through many more questions to make-up time. Even if I was left with three minutes for the last 5 questions, I will take that gamble. If I treated all questions equally, I would have guessed at the two minute mark.
I also understand that investigating the nuances of the scoring algorithm is a waste of time. I should focus my attention on my test taking skills.