Interesting concept. Thanks for the share!
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This'd be a neat way to digitize old manuscripts...
As far as typing tests/training goes, I tend to be much more of a fan of something like monkeytype, which offers a much nicer and more customizable interface, real time feedback on speed and accuracy, and has a quotes mode that essentially is what you are looking for. Though you can copy/paste a large chunk of text in custom mode if you prefer to actually type an entire chapter of a book.
Just thought I would provide another tool as an alternative