Sounds like you're used to bad algorithms. I think there is a serious disconnect between the state of the art in computer vision and what's used in industry.
The demo was cool, but the techniques are not that revolutionary. From a cursory glance through the papers, it is basically AdaBoost (for detection) and Lucas-Kanade (for tracking), with a few extensions.
Not to discount the guy's work at all, it's very cool and does a good job of pulling together existing algorithms. But not groundbreaking in the sense of, say, Viola-Jones was for object detection.