The bike pump is the way to go. It requires no power, gas, forethought, or prep. The tool is useless if you need that 5 gallon pony tank and you forget to fill it.
As far as a patent, the cost if preclusive to my current situation and in the form pictured in the video, even with a patent, most people would build their own.
I have a prototype, that is 1/3 the size, 24" total length, with more CFM (power). It is shoulder fireable with a foregrip and a red dot sight. The concept looks like a shotgun with a big drum mag. If I can get that to work out, I may sell it as a finished product through one exclusive retailer.
Based on material costs, welding, shipping,and retailer profit I am looking at a retail price of $200-$300 though which is another reason to not sell it, I dont know how many people would pay that much.
The model in the video cost me around $100 I think... I bought all the materials for a PVC build which exploded on me, bad idea. After that I switched to the NPT steel gas pipe. The ball valve is the most expensive part around $30.
I would love to see some other people build them and use them, I love mine, the only downside is I can not use it where I work now...so it pretty much just gets used on side jobs.