The video's author described the software and method he used....
The formation flights and prerecorded flying scenes were created[ch65279] using FSRecorder (freeware). Just so that there is no ambiguity, I flew each of the aircraft... no special programming. All video was shot using Fraps and my head tracking hardware/software
FS-Recorder-freeware-
http://www.fs-recorder.net/-an enhanced replacement for the default 'Flight Video' recorder. You can also define additional cameras in VC, Tower and Spot views, including fly-by.
Fraps-Video capture-freeware/payware-
http://www.fraps.com/-My guess is he uses the payware version as there is no 'Fraps' watermark. The freeware version has a 30 sec. limit for each clip, but you seldom use clips longer than 30 sec.
Basically you create and record flights
At that time [1909] the chief engineer was almost always the chief test pilot as well. That had the fortunate result of eliminating poor engineering early in aviation.