I didn't realize the reviews were that long. That does kind of present a problem and yes you don't want to hide them in a non-display element. I have used css z-index and slide the review into the viewport instead of using javascript to switch the display attribute. But I have only done this on a few small sites. Nothing like yours. The reviews were of limited length so that worked for me. Probably won't work in your case.
Hum, interesting problem. You said you already have a preview and read more link on the product page but the review page out ranks the product page? Or is this just theoretical?
Sounds like you need to do some A / B testing to find out why and then promote the preforming content to the main page.
Stupid question but, if your review page is already highly ranked why not add the product to each of those? I have to assume there is an add to cart function on each page.
This seem like less of an SEO question then one about conversion rates. Which is OK. That's the whole point.