Sorry, but no.
Would have been interesting to detect a short circuit of a component that does not heat, like a shorted MLCC on the power lines, but finding which IC is getting hotter is not so interesting. Some parts are running hotter than others anyway. Could simply touch them to feel the temperature instead of putting a drop of alcohol on each one. Seems like a useless trick.
Did I missed what is actually happening there (didn't watched the full video)?
Later edit:
Maybe it'll work on shorted MLCC caps, too, don't know, next time will try it. Thanks for sharing.