I just realized that the title is misleading. It should have been "Getting knowledge worth a CS degree without going to school - An unusual challenge". I have changed the title in the blog, but cannot change it here. Sorry for the confusion.
Yes, except it's not really a CS (or any other) degree at all. The video is about using the MIT video lectures to learn the <i>equivalent</i> of 4 years of CS education - without any earning any degree.