I'd expect the vast majority of IO requests to be served from the kernel's IO cache (we're talking 30 * 1.44MBs here so just under 50MB, trivial for even an old computer to hold in RAM), thus I wouldn't be surprised for it to be very fast and reliable as long as he sticks to read-only workloads - those would never actually touch the floppies beyond the initial read.
basically system memory size vs block device size was the opposite way around of today... then again people could and did have many individual floppy disks.