Actually, the WT has used that saying to prove evolution couldn't happen (and others have used it too). But one book i read on this (i think it was the Blind Watchmaker countered with the argument that it could happen if there were a controlling force. Not an intelligent force.
In nature, there is nonrandom selection working. The way this works is that anything that doesn't survive and have offspring is out of the process. Selection works by the successful ones at producing offspring pass on their successful, survivor-type genes.
with the monkey scenario, if there were a selection process including only the letters and words that fit ('survived'), you definitely could end up with Shakespeare's writings. it has been tested with a computer doing the nonrandom selecting and it didn't take as many iterations as one would suppose.
If anyone's interested, i could look it up when i get home.
Pat
UADNA-CA(Unseen Apostate Directorate of North America-California)