Hi George,
Looks like a good starting point, although you'll notice the guy talks about a slight sharp taste, this is the kit tang I spoke about, and will never go.
I have some kit improvement ideas somewhere and will try and dig them out, and seem to remember one of them is to increase the hopping by producing a hop gravy.
You're right insomuch there is a fair bit of bits and pieces to gather, but once you've got them, they'll last a lifetime of brewing, probably the hardest things are the Burco boilers, but these are available in car boot sales and even E-Bay.
TC