While that is a great demonstration of what you can accomplish at home with very little equipment investment, it's a pretty candy-coated representation of hobby powder coating. Even the comment section for the video is loaded with absolutely wrong information. However, this is a good opportunity to set some facts straight.
Prep work is critical. They are right that you need clean, white metal. Media blasting is ideal, as it provides tooth for the powder to cling to. Degreasing is also extremely critical, but straight acetone or denatured alcohol are very effective, and generally much cheaper unless you are running a factory and coating the same parts day in and day out. Prep for outdoor parts can also benefit from zinc phosphate treatment.
They strayed far from the truth quickly, as you can most certainly end up with drips, runs, and dry spots, and it is very easy to apply too much powder. The good news is that if you mess up and know you got too much powder on a part, you can blow it off and try again.
Next, I have to point out that dry powder is sort of hazardous. Any volume of dust lofting in the air in sufficient quantity can make for a heck of an explosion. Also, it doesn't just lazily drift to the floor where you shoot it, it floats around your shop and eventually clings to things, because it holds a static charge. Your car, any metal shop tools, plastic items, and anything warm like heaters, light bulbs, or engines will attract the stray powder. You don't want it in your lungs, either.
While it is generally true that most powders cure at around 400 degrees Fahrenheit, you can't just time it for 20 minutes after it flows out. The cure parameters are dependent on the temperature of the part being coated, not the temperature of the air in the oven. You will undercure parts time and time again doing it the way they suggest, and undercured powder coat may look really nice, but it is as brittle as dollar store rattle can paint. The part has to be at the proper temp for the proper time, or the powder will not fully crosslink, and will have zero durability.
I don't think there are any other huge glaring flaws in the video, but I'm also typing this while on break from ripping shrubs out of my yard with my 147.
That said, it does show that coating small parts at home can be done, it can be done cheaply, and it can be done by anyone, plus it shows a really cool time lapsed recording of coat of powder flowing out. (And yes, the first few times you coat something, you will sit there and watch the part the entire time through the oven window.)