very impressing. i love how the center of the demo head stay at the same place all the time while the bot moves around it. almost looks like so education bots in a big factory.
btw, you would be surprised how affordable industrial robots are. i'm not saying cheap, but for 3-5K you can get a used one from ebay similar to the one in the video. not that i know anything about industrial robots, just judging what i can see here:
http://business.shop.ebay.com/items/_W0QQTypeZCompleteQ2520RoboticsQ2520SystemsQQ_dmptZBIQ5fRobotics?_nkw=&_sacat=50924&_trksid=p3286.m270.l1313&_odkw=abb&_osacat=50924