WORDSUM & IQ & the correlation

Every time I use the WORDSUM variable from the GSS people will complain that a score on a 10-question vocabulary test is not a good measure of intelligence. The reality is that "good" is too imprecise a term. The correlation between adult IQ and WORDSUM = 0.71. The source for this number is a 1980 paper, The Enduring Effects of Education on Verbal Skills. I've reproduced the relevant table...