I watched this in its entirety earlier. If you're familiar with Ries' work on Lean Startup the last year or so, you won't get much new out of it, but it is probably the best single "This is what we do, this is why we do it, this is how you can get started RIGHT THE HECK NOW on it" I've seen yet. It would be a great thing to show someone if you're trying to get, e.g., buy-in from management.
My favorite quote: "60 to 80% of features do not change customer behavior." So painfully, painfully true.