Changing to draft view doesn't change the page layout; just how the document appears on screen.
Checking the 'Show picture placeholders' option apparently only affects in-line images. You could also uncheck the 'show drawings and textboxes on screen' option, but then you won't be able to see where any floating shapes or textboxes are.
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Cheers,
Paul Edstein
[Fmr MS MVP - Word]
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