In my eyes, the bike is successful.
The man uses it to his needs and it is successful in getting the old man to enjoy biking. I'm sure he would have much trouble handling a "real e-bike" (in our standards) due to the weight. I have no problem lugging around a 50 lb. bike being a relatively young man, but I doubt that I would like to do the same at his age.
Sure, it may not fit the definitions that many here hold for an ideal ebike, but I continue to assert that a sucessful bike does what the rider wants it to do, not what others think it should do. Now, if he's trying to pass this off as a production-capable bike for anyone other than himself, I would doubt the success.