Eh, it's not that good. People being "forced to drop out of the system" because they don't get as good a rate as before makes zero sense.
He also made the rather silly remark "controlled by supply/demand and not the market", ahem, supply and demand
are the market, of course!
Otherwise, it's an ok video but I still prefer the weusecoins.org intro.
Plus, Bitcoin n00bs even now are still early adopters. Online Bitcoin games seem to have standardized on the bitmill/BTM/mBTC as their standard currency unit and IMO this is forward thinking.