Dick - your opening post to this thread:

IS this skill dying out amongst young guitarists, just lately I keep coming across plectrum thrashing guitarists, they cannot seem to flatpick properly either, am i just unlucky?have others experienced this phenomenon.

Presumably the answer to your question if "no" if you like the video - or "yes" if you prefer the busker...

Personally, I think the art of fingerpicking is still strong, and judging from the number of requests for my tablatures that I get from guitarists all over the world, people are still keen to learn the skill.