She says "Electricity Resistance Materials" when the caption state "Water Resistant" in one the videos, which instils confidence.

Also what happens if the bulb shatters, is it still powered? As it meets the requirements of the socket to have power.  

Misuse Protection - Don't underestimate the ingenuity of the Curious Idiot.

I think it is a clever concept but it leads to a false sense of security that all power strips are as safe as this one claims to be. It would better to enact safe working practices.

Water + Electricity = Potential Death.