The video is titled " How Apple Created Music’s Best Device (And Then Ruined It)". The first part is certainly true; in 2001, it was the best device for playing music. He never can explain how they “ruined” it.
You can say “I liked the scroll wheel and only being able to access songs (and not apps and not the internet) and having a less reliable storage device.” You cannot say it is better than current choices. The video is simply (small-c) conservative nostalgia.