Yeah, I'm sure it is staged, but pretty cool
I think I would agree for a couple reasons.
1. There are no visible optics, and to identify velocity, (both speed and angle/direction), it would take optics.
2. The paddle is mounted horizontally, rather than vertically, on the end effector (gripper).
Most pingpong shots will have the paddle in a vertical or near vertical position. There are some shots w/ serious english made with a horizontal paddle, but usually your paddle is closer to vertical. You would want to mount the paddle such that the least movement is required for the most shots. There seems to be unnecessary motion required in the "wrist" joint with the paddle in this orientation. That takes time that would likely be avoided if possible. OTOH, wrist motion is the most conservative way to return the ball with force, rather than just let it bounce off the paddle.
In other words, I don't have a clue. It's like Monday morning quarterbacking. Until you actually try the different approaches, you likely cannot anticipate every advantage or disadvantage.