I've seen this reaction when people are trying to be helpful and make a video or I shouldn't use this word, lol a guide.
This is just a how to, how he did it.
I found the video basic, and not to aggressive. There are worse, where the author states a rather high subjective V to attain 4.00ghz (the magic #)
http://www.youtube.com/watch?v=Vsk5iocFlgg
This is using turbo, states for Gigabytes boards and gives someone clues at least what settings do what in that type of o/c.
I don't think its harmful at all.
Gigabyte boards come stock with most Voltage settings on auto and if you use their auto o/c feature , which they URGE users to do, your settings will be wilder and more aggressive than this or your computer just won't start.
People learn by trial and error yes, also, reading multiple how to's , user experiences.