I can't say that I am an expert on Photo-Comics; I've seen them in fanzines from time to time, as well as seeing them in MAD or CRACKED magazines when I was younger.
Apparently, they're more popular outside of the United States, which would make sense because you don't see them too much here in the U.S., except for the occasional adult magazine spreads (i.e. HUSTLER).
For what it's worth, here's a photo-illustrated short from VIZ COMIC #31, August 1988......
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