Should I sell the Elder Scrolls

Looking around some more, I found a playthrough by YouTube user Gullahjack12, where he tackles it on the first try:

The trick is to not try to jump over them, but to use the alcoves—that don't look wide enough to fit a person safely—to avoid the blades on the side. By following just behind the blades, you get to a safe zone way before the blade comes back around.

You can donate it to the Orc Librarian in the College Of Winterhold, for about 2000 gold and his eternal gratitude.
Aside from that I don't think there is anything you can do with it.