The game never seems to get more difficult - it's just an endurance thing.
When there's a lot of large words coming down at the top of the screen, the app definitely began missing input. I'd type a word correctly, but it would not recognize a character, so I'd have to context switch from deciding on which word to type next to finding which one was partially finished. Fun game, anyways.
Running Chrome 8.0 on OSX 10.6.5
I agree, the game is a tad too simple if you're a reasonable typist. Perhaps stressing the accuracy multiplier a bit more would make things more interesting.