The dynamics of chain entanglement/disentanglement in concentrated polymer solutions are matters of current debate. We report the results of step strain rate experiments in uniaxial extensional flow on a well-characterized polymer solution containing about 22 entanglements per chain which allows these dynamics to be probed. In these experiments the polymer solution is subjected to homogeneous stretching at a given strain rate up until a predetermined value of strain. After this strain is reached, the strain rate is changed to a new value, and stretching is continued until steady state is acquired in the extensional stress. The strain rates are increased in step-up experiments and decreased in stepdown experiments. The strain rates are adjusted so that both the orientation and the stretching dynamics can be probed. Additionally, the predictions of two recent single-mode molecular models are evaluated against the experimental data. These models include the effects of entanglement dynamics in their predictions in an ad hoc manner. This leads to only a qualitative improvement in the predictive capacity of one of the models and reduces that of the other. Slip-link simulations using the primitive chain network model are also included for further insight into the underlying dynamics. The models are found to yield qualitative predictions of the experimental observations.