I'm not sure what he's talking about regarding the Android web browser. In my experience, it's been essentially the same as the Mobile Safari in terms of experience.
Here's a different video, to demonstrate (Nexus One without Flash vs iPhone 4 running iOS 4): http://www.youtube.com/watch?v=4gZiSG3TmdY
iOS5's mobile safari works just like regular Safari, Android's browser, I don't know what it works like, but it certainly is the first thing I'd replace when I got an Android phone.