He's actually gotten past that phase and it seems that he's now designing it with military purposes in mind. It looks very much like the MJOLNIR armour from Halo. He actually named it "Trojan" armour and said that he was inspired by Halo.
Admitting to something like that instantly forfeits you credibility in my eyes, lol.
He was demonstrating how it all worked. The helmet is smaller now, and it even has a built in air-conditioner for hot climates. The suit also has various other features, like a built-in watch at your groin and a pepper spray launcher in your arm for warding off crowds. He said, pertaining to the pepper spray, that it was much stronger than regular pepper spray and even the spray used to ward off bears.
The project may be a little crazy, but I admire the guy for his ingenuity and honesty.