The colors and process are vivid and entrancing. It makes you wish it would go on a little longer. They need a 10-minute director's cut version of this, slowing it down and showing more of the process. It'd be interesting even if it still doesn't actually teach anything but just focuses on the beauty of the process.
Watch the whole thing above and then check out their video on how paint is made below. It's a good companion piece to this one.