Not at all. There are visible discontinuities that show the underlying geometry. It's also a very different kind of effect to begin with - more resembling print patterns rather than the more pixel-based dithering from older computer graphics.
I don't know what discontinuities you mean. The point about the "print pattern" seems confused. He just made the dots bigger to see them better in a compressed video. I still think this is clearly better, as it is perfectly temporally stable, unlike the Obra Dinn method.
