It's really hard to tell without seeing so for yourself. The KB doc just indicates problems loading the OS for whatever reason. If you can boot from an OS X install DVD, you'd have a chance seeing if the drive is hardware recognized (Go to the Apple menu, select "
About this Mac", then click on the More Info button to look at all the HW the machine can see). You also get a chance at running Apple's Disk Utility.
One other idea: if you have a 2nd Mac, you can connect a Firewire cable between the two. While booting up the failed machine, hold down its "T" button on the keyboard for Firewire target disk mode. The other Mac should then see it as just another external hard drive. You might be able to pick off the pictures that way.