Manually signing things is cumbersome because (a) you have to be within arm's reach of the signature's destination, and (b) because it takes a certain amount of time to sign each paper.
These folks seem to have a (complex) system to create signatures remotely, addressing (a). If you record and play back what comes into the signing machine, you would also have (b) - at the expense of an even greater security headache. I really hope they are keeping the connection encrypted. And kudos to them on account of imitating fine manipulation.
But signatures as authentication are more than flawed. Only a specialist can distinguish between a valid signature and a forgery of any quality, and there are few specialists. About the only saving grace of signatures is that they are low on technology - anyone can sign, and anyone can "low-leve-verify" a signature.
If you are going to use a machine and a secure communications channel for identification -- use cryptography.
Also, if whatever the machine signs in your name is going to be legally binding, you had better be very sure that the machine is signing what they tell you that it is signing. I can imagine all types of mischief with blank checks instead of "book covers". An advantage of being (a) within arm's reach of something is that you can easily examine what it is that you are signing.