I am tempted to take away 1 star for the fact that he didn't even have the common courtesy to show the actual car he dropped that straight 4 into, but the composition does work on many levels. 6 for effort.
Well, an engine hoist could be rafters and a couple of come-alongs. Maybe you could start by just buying an engine off ebay like the guy in the video did and fix it up for resale. The specialty tools could probably be rented or improvised.
Soon to be featured on some educational kids show or whatever show that I'll never get to fucking watch because i have a dayjob and can't spend all day getting stoned and learning interesting things. thanks POEtv