14 seconds into the clip the camera changes, meaning he basicly edited the bmp in the saved data of one of his games so that it showed a pic of the 'NES emulator'. Then when it reaches 14 seconds he pauses the camera, while we cant see whats going on he selects a movie file from the memory stick, unpauses the camera recording, and plays the mpeg movie of Zelda
also, if you pause on the 7th second and look at the text covering the picture of the nes emu you can see it actually says 'wipeout pure'
Ahhh, also just noticed that towards the end, he swaps right to left hand for the camera and the on-screen character runs left? How could the character move if he's using his left hand to hold the camera?