Great video, and I thank you for that. 
However, my aim was to get people describe it in their own words to indicate whether they understand the concepts involved.
Without going into those details before others, the operation of VTEC gives better breathing and higher output in the higher rev range.
Everything else being equal, a side by side drag race (under safe and legal conditions) against an identical car with a known working VTEC engine is the easiest and most direct way.