Having watched the video, I can place components significantly faster with tweezers and an Optivisor. If you really must populate a batch of SMD boards by hand, the best option is a Hakko 392 and a sensibly laid-out board for your cut tape.

The Liteplacer doesn't seem like great value for money IMO - for a bit more money, you could have a small used industrial machine with a decent set of feeders.