not quite, the guy is taking the weaknesses and updating the car to make it competitive. Its not any different to what 'real' manufacturers do when they upgrade their cars. He is also redesigning the layout etc.
As to the TRF car, its quite old (The dynastorm was the production version of this car) here is a link
http://www.rcfan.net/trf211x/index.html
it was the 211 and 212 .