Interesting, but I don't buy it. Even with all those wedge shaped things removed, there is still a substantial core that no one got to see; room for fraud. Too much emphasis on power and not enough on how it works.
Any time I see something bathed in flourescent light, in a building with ac electrical lines in the celing and walls, I don't trust it. Take it to the country and lets see it there. (Especially Troy Reeds apperatus, sitting right there under the flourescent light!) AC and flourescent lighting induces voltages in things. Likewise, hidden solar cells could also be at work somewhere. Did you know that high power LEDs, as well as taking voltage and making light, will also take light and make (considerable) voltage?
As for reverse engineering it, I doubt it: it's too complex and there is not enough detail shown. All I can speculate about is those strips and bands on the outside of it. They look like either Mu-Metal or hard-coat anodized aluminum (both with interesting properties).
The lawyer and secrecy bit (not full-disclosure) concerns me, which brings me to another question: Open Source vs an inventor's right to profit from his own invention.
I reckon full-disclosure pretty much = not gonna make any profit on any valid discovery because others will take it and run with it. Am I right? At what point is secrecy appropriate?