It's pretty basic knowledge that as a programmer, our output is channelled through a keyboard upon which we must type. If we type slower than we think, then it's a bottleneck for our output. Steve Yegge and our beloved dictator have both blogged about this in recent months.
I challenged my girlfriend to a friendly game of Typing Of The Dead, and found my ass sorely kicked. I'm only able to do about 70 WPM to her 95, but I did notice that on "special keys" (ie: punctuation), I was much better. I then started paying attention to how she was typing - correctly, with her fingers on the home row - compared to me: with my right hand angled so my little finger always rests on the shift key. This is obviously because as a programmer, I'm constantly typing a large assortment of punctuation marks { } ( ) [ ] ? < > / $ % # * &
, most of which require shift.
Getting to my point now, if you were interested in their typing speed (for reasons outlined in the blogs above), how valid would it be then to ask a potential recruit their WPM, given that normal typing tests examine your proficiency at typing in English rather than in code? If you believe it's not appropriate to use standard typing tests for this, do you know of any method to find their coding-typing speed?
Edit: I know that a programmer's typing speed is waaay down the list of Things Which Are Important. Obviously no one's ever going to hire a crappy programmer just because they can type fast. It's a theoretical, ok?