Is this video on running technique correct?

NOTE: Watch video first – http://www.youtube.com/watch?v=zSIDRHUWlVo&list=PL9C339C13ECE891FC

I’ve been able to change my running form and so far (knock on wood) my shin splits are gone the only reason I even looked into it was because of that.

Honestly have had hardly any other pains besides muscle soreness and the like.

I stumbled onto this video and yes if you are wondering I did read Born to Run.

Looking for feedback on whether or not what is being said and discussed in video is correct. Does it really work that way in terms of science or does it just sound good to explain that way?