Ozzy homebuilt jet. Short lifespan?

Anyone see the homebuilt jet on the news over the weekend? They state that
it took him 8 years to build. They also showed an in-cockpit video of him
almost destroying it in 8 minutes.
He allegedly did some taxi tests and then flew into the wild blue yonder for
a short hop. Too much aileron in a turn and he put it into a spin, at what
looked like less than 3000feet. He did however remain calm, and got out of
it OK.
Don't know about anyone else, but I don't think I'd want to have too many
people around at my homebuilt's first flight for the above reason. I'd say
a few family member went home and changed their strides after that.
Considering that there was a lancair crash and a rotorway exec crash withing
the one week, I don't think this gentlemant did the experimental homebuild
scene any favours.
Looked on the internet and didn't find much. Possible registration VH-JLG.
Love to hear any opinions.
All the information above was provided by the media, and we all knnow that
they always give the full story.
Regards,
Rob
Melbourne.