In the present study, we investigated whether patterns of letter detection for function and content words in texts are affected by the familiarity of the material being read. In Experiment 1, subjects searched for target letters in sentences that had been rehearsed prior to performing the letter detection on them as well as on unfamiliar sentences. In Experiment 2, subjects searched for target letters in highly familiar verses (e.g., nursery rhymes) and in unfamiliar sentences that were matched to the familiar verses. A disadvantage in letter detection for function as compared with content words consistently found with unfamiliar passages was reduced significantly with the familiar material in both experiments. Specifically, letter detection for content words grew worse in familiar text, but letter detection for function words showed a contrasting modest, though nonsignificant, improvement. The results are consistent with the proposition that in very familiar texts, parafoveal analysis permits the identification of generally less familiar content words. Simultaneously, the normal pattern of weighing the structure and content elements of text changes so that more fixations on function words occur than when one is reading unfamiliar texts.