Hearing the claims about "redundancy" made in the video reminds me of the classic line from Princess Bride, “You keep using that word, I do not think it means what you think it means.”
Redundancy is not the same thing as fault tolerance of a system. What good are all those "redundant jet engines" if the control surface they're attached to cannot be moved to the position required for a safe controlled (vertical) landing? This is a regulatory requirement. And ballistic parachutes are no help with certification, since they do not ensure the capability for a safe and controlled landing.