You may be interested in the following sites:
Stroud Lab @ UCSF. There are some pretty cool movies here based upon crystal structures of enzymes, which may help with the visualization of enzyme function. (And they're pretty cool no matter what - although it usually takes a couple of viewings to get an idea of everything that's going on in the movie.) You can find a few more neat movies at the Kraut webpage (UCSD)
http://chem-faculty.ucsd.edu/kraut/dhfr.html .
Bruice Group @ UCSB Some papers from Tom Bruice's lab under "Enzyme Mechanisms" may be illuminating - he's done some interesting work in what's known as "near attack conformers" - that is, the geometrical arrangement of substrates in the ground state is similar to the geometry of the transition state, and is something else that is implicated in enzyme function and efficiency.
A few other things to keep in mind (because, hey, I'm a biophysicist and I can never get too tired of babbling about the physical underpinnings of interesting biology):
-these different components can all contribute to an enzyme's efficiency, even though it may be that one or two are the ones that really lower the activation free energy.
-it's always important to remember that enzymes can catalyze the same reactant to product pathway that occurs in solution but through a totally different mechanism (for example, electrolysis of water can cause the evolution of oxygen by passing an electrical current through a solution, but nature accomplishes the same reaction by light induced electron transfer in photosystem II from plants and cyanobacteria).
There is vigorous debate in this field (see, for example, http://pubs.acs.org/email/cen/html/073104002053.html) about the details, but at least it's one of those areas where there's plenty of work being done and isn't stagnating due to lack of experimental results.