I've never gone around a racetrack without touching the brakes at all, however I have gone around using mostly throttle control and very little braking. Just like rugbydawg13, I've done it when learning new tracks, including Thunderhill West earlier this year, and even more recently (like three days ago) - Thunderhill West in reverse.
I consider it a variation of The Pace for street riding, but for track riding. However I don't go around doing this all the time during regular trackdays, which I don't think is the point the video was trying to make either.