I'm not a pilot or a skydover so can't offer an opinion in that respect but it looks all wrong for a number of reasons and he's certainly getting a kicking in the Youtube comments.
I'm just curious as to why an otherwise successful youtuber would take the risks to produce stuff like this, I don't just mean the personal physical risks which may may not be as great as portrayed but the risks of the aircraft killing someone on the ground or suchlike.
Also the possibility of prosecution or loss of licence (like some people are calling for) or at the least reputation and loss of revenue.
Looking back on his videos he seems to want to feature in the Darwin awards, so maybe that;s the answer?