Showing pre-loaded content cloaking?

[CuriosityMedia]

Hi everyone, another quick question.  We have a number of different resources available for our users that load dynamically as the user scrolls down the page (like Facebook's Timeline) with the aim of improving page load time.  Would it be considered cloaking if we had Google bot index a version of the page with all available content that would load for the user if he/she scrolled down to the bottom?

[Syed1]

I believe you are referring to Lazy Load? I'd love to get some opinions on this as well

[CuriosityMedia]

We're going to use Lazy Load with different sections of text.  Interested to hear if people have experience with this.

[Syed1]

Why do you want to use lazy load for text? Text loads super fast and is also critical for SEO. 
I haven't tested this out myself (its under consideration) but if I were you I'd never LL the text - would only do it for the slow loading not-so-SEO important aspects of the page like Facebook widgets, images, etc

[CuriosityMedia]

We have a ton of text -- as the user scrolls down the page, we would load the text/resource they would like to see.  If we use LL, we can reduce page load time by 50%-75%.

I was wondering originally if we could show the entirety of the text for the crawlers to see, even though the average users would see go through the content using LL.  We want to speed up the site to improve UX, but don't want to do anything that might hit us with a penalty or be seen as black hat/cloaking.

Thanks Syed!