That is great! My grandma had one and I learned to use when I was about 10 years old. She taught me how to even iron dress shirts on it. I never thought about how useful it would be have one for quilting.
Many times I wish I had that old one back again. Here in Norway we use duvet covers and it would be so nice to be able to flatten a cover out before putting it on the bed. In the old times there were even cold presses to run linens through to make them look fresh and nice.