Is this legit?

I recently found this video on youtube, and while I have no use for what it teaches (gaining access to the SYSTEM user), I was wondering if this is actually legit and not some form of trickery.

http://www.youtube.com/watch?v=9t0y0-3MTYk

Sorry if I posted this in the wrong forum, I'm not entirely sure it belongs here.

 

there is a system account, but your not normally able to access it, for a very good reason....

this method is bullshit though..... and even if, it would be fixed on win 7 (this is on XP)

Ok then, thanks!