I really do love how this is done! Will there be an actual movie? You say, "This video". I don't know if that means the trailer is the whole thing. I admit to having some trouble recognizing everybody. I thought I was a bigger nerd.
This will be awesome if only because of new MLP references. That really was what the old one was lacking. Then again, MLPFIM wasn't around at that time. I love updated stuff! The music and characters used certainly seem great!