It's fairly trivial to spend lots of money for mikrokopter & rangevideo parts & make a business. The investment is tax deductable & he can get massive economic stimulus grants as a small business. Doing it for a hobby is what kills people.
I've been following this guy's work for some time now, he's using an MK (you can see the red FlightCtrl V1.3 in the video, also stated in a number of interviews) that's (according to him) been modified to suit his needs better.
I personally believe that he's just flying a more-or-less stock MK with stock FPV gear and a custom camera mount, but cleverly making it sound like rocket science, which on one hand is good and smart for his business, but on the other makes it sound a little like "I did this all by myself" :-)
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You can read more about the model copter AP business here: http://rc.runryder.com/helicopter/f25p1/. Not for the absolute beginner.
I personally believe that he's just flying a more-or-less stock MK with stock FPV gear and a custom camera mount, but cleverly making it sound like rocket science, which on one hand is good and smart for his business, but on the other makes it sound a little like "I did this all by myself" :-)