The video, says 64lb but, that's w/o sleeves, main caps and bolts, for the caps.
I would add ~25lb for sleeves and another ~10lb for the caps and bolts or, ~100lb.
A good weight saving for a all out race engine but, also very expensive per lb.
I would say that for those that don't have to ask prices, it is a very good upgrade. Other good upgrades would be titanium headers and magnesium intakes. Titanium rods are 1/2 the weight and reduce rotating loads, too.
As weight reduction goes, cast magnesium is the same strength as cast aluminum but, is 1/3 lighter. So, mag timing covers, valve covers, oil pans, water pumps (mag doesn't do well with water tho) and bell housings. As well as light weight, neutral balanced crank shafts.
While magnesium isn't used much today, in the '70's, it was used a lot in top classes.
The old saying,
"take care of the ounces and the pounds, will take care of themselves"
has always applied to racing and will never change.