Practical knowledge and rote memorization have held mostly equal status, since out in the field both used to be inaccessible. Our tests are still structured around this, however the reality has moved on and rote memorization is now easily a search away.
I like to see more tests moving to open-book model where test takers are allowed to use all resources, as in work. Of course, this will be harder to administer because schools can't just reuse tests over and over again since they're bound to show up in the internet. Overall, more and more of evaluations will move from testing altogether into some project based evaluation, which I believe is superior in terms of accessing skill.
Let's see how long the old format hangs on.