Good question. I can hardly wait to read the answers...
Is this a good chess practice schedule?

If you're trying to learn an opening, and you learn some stuff Monday, but don't look at it again for a week, it might make it a little harder. If you're drilling opening lines you already know (or are supposed to know) then waiting a week can be good because doing a little over a long time helps you remember it. But if you're learning it for the first time, like reading out of a book, I suggest doing a little every day.
So I would divide time between drills, playing, and study. You don't have to do all 3 every day. Maybe make a day part drills and part play, or part study and part drills, or any other combo... but when you study, pick 1 book and learn it really well whether that be an opening book, strategy book, or something else like someone's games. In other words I'd just do 1 book (or study topic) at a time.

(Monday, Tuesday, Wednesday, thuRsday, Friday)
So I'd do something like M-F 1 hour out of ____ book (or a study topic like someone's games)
M, W, F 1 hour of playing games and reviewing them with a database and engine after each game
T, R 1 hour of drilling opening and/or endgame positions I'm supposed to know.
And maybe something like M-F
15 minutes of tactical puzzles warm up before you get started playing games or drilling exercises (so those would only be 45 minutes now).
So maybe for 1 month I'm doing openings, but the next month all book time is endgings, or Magnus Carlsen games, or whatever, but study time is done each day, and it's 1 topic per month. Something like that instead of 5 topics per week.
And by the way, one month I recommend picking tactics as your study time. So that month you'd be doing at least 1 hour of tactics per day. Save every missed puzzle. At the start of each day, review all missed puzzles. Keep adding to the list of missed puzzles until working through it takes up the whole hour. Only remove puzzles from the list if you've reviewed them so many times you can pretty much instantly solve them.
Monday - Learn Opening, Lines and Variations. 2HRs. Read Chess Book - RCB
Tues - Study Magnus Carlsen's game as a positional player. 2HRs (Please add to what else I should do, I don't know what to study for middlegame) RBC
Wed - Study EndGame Situations, RookvsQueen etc., 2HRs. RBC
Thurs - Tactics 1HRs. RBC
Fri - Random, Break, Whatever, RBC