Some of the things are not possible in today's economy, but he has some good ideas. But "get rid of late fees, I want to keep the movies as long as I like." That's a subscription service but he doesn't point that out.
Your links don't work for me so here they are again:
Part 1
http://www.youtube.com/watch?v=14XU3mryUssPart 2
http://www.youtube.com/watch?v=0VlZanL3uZoHis website:
http://adamcdudley.com