Pretty much by definition, text documents don't supply fonts. So, reading text documents is still fine, unless your OS "helpfully" opens text documents using rich text viewers, in which case: please talk to your OS vendor.
For rich text documents, say PDF, the risk of personalized-and-or-remote embedded fonts is not exactly new. Maybe this variant is, but the general idea definitely isn't.
So, this, to me, is at best a possibly-novel "how to do DRM with PDF" technique. Which is interesting, but not exactly earth-shattering.
Or am I missing something here?