error in Nick Gammon 'Frequency Timer' sketch?

// Frequency timer
// Author: Nick Gammon
// Date: 10th February 2012

// Input: Pin D2

volatile boolean first;
volatile boolean triggered;
volatile unsigned long overflowCount;
volatile unsigned long startTime;
volatile unsigned long finishTime;

// here on rising edge
void isr () 
{
  unsigned int counter = TCNT1;  // quickly save it
  
  // wait until we noticed last one
  if (triggered)
    return;

  if (first)
    {
    startTime = (overflowCount << 16) + counter;
    first = false;
    return;  
    }
    
  finishTime = (overflowCount << 16) + counter;
  triggered = true;
  detachInterrupt(0);   
}  // end of isr

// timer overflows (every 65536 counts)
ISR (TIMER1_OVF_vect) 
{
  overflowCount++;
}  // end of TIMER1_OVF_vect


void prepareForInterrupts ()
  {
  // get ready for next time
  EIFR = bit (INTF0);  // clear flag for interrupt 0
  first = true;
  triggered = false;  // re-arm for next time
  attachInterrupt(0, isr, RISING);     
  }  // end of prepareForInterrupts
  

void setup () 
  {
  Serial.begin(115200);       
  Serial.println("Frequency Counter");
  
  // reset Timer 1
  TCCR1A = 0;
  TCCR1B = 0;
  // Timer 1 - interrupt on overflow
  TIMSK1 = bit (TOIE1);   // enable Timer1 Interrupt
  // zero it
  TCNT1 = 0;  
  overflowCount = 0;  
  // start Timer 1
  TCCR1B =  bit (CS20);  //  no prescaling

  // set up for interrupts
  prepareForInterrupts ();   
  
  } // end of setup

void loop () 
  {

  if (!triggered)
    return;
 
  unsigned long elapsedTime = finishTime - startTime;
  float freq = F_CPU / float (elapsedTime);  // each tick is 62.5 nS at 16 MHz
  
  Serial.print ("Took: ");
  Serial.print (elapsedTime);
  Serial.print (" counts. ");

  Serial.print ("Frequency: ");
  Serial.print (freq);
  Serial.println (" Hz. ");

  // so we can read it  
  delay (500);

  prepareForInterrupts ();   
}   // end of loop

In void setup:
TCCR1B = bit (CS20); // no prescaling,
The error is that CS20 is in TCCR2B, not 1B.
Because we have used TCCR1B = 0 in a previous step, to stablish any prescaling in TCCR1B, CS10, CS11, and CS12 should be used.

update moderatore: removed snippet to make question more explicit

Not dived into the timer details, but I expect CS20 is just a value to get a bit set and works for both timers.