Normally JW does good videos, however in this one although he is right that the ELCB-v is not reliable he talks about current, well they don't work on current they work on voltage. The resistance of the coil is quite high so very little current will flow, what they do is measure the voltage between the house earth bonding and true earth, if this exceeds 50 volt then it disconnects the supply, so if we consider 50 volts as being safe, it does not matter what other paths there are to earth, either the alternative path will hold the voltage below 50 volt so it is safe, or the device will trip.
Although they may protect people in the house, they will not protect anyone outside the bonded zone, and they will not stop current flowing to earth, and the latter is a fire risk. It will also mean any ELCB-c after the ELCB-v will fail to work as in essence the house is IT.
I had not seen one of these for years, then a couple of years ago I went to a woodland house and tested it for the owner. The RCD would trip by pushing the test button, but would not trip using a RCD tester. It transpired the hut was fed from an old stone cottage, in the cottage was an ELCB-v, the ELCB-v would protect anyone in the stone cottage but not in the hut fed from it. I fitted earth rods and RCD's. The ELCB's was in a very hard to reach point, seems a slate meat safe had be built over the top of it, and to remove the slate would have been very hard, so the ELCB-v was left in place, but now it is just a simple isolator, it does not work as a ELCB-v.
I think it was common when upgrading to RCD to leave the ELCB-v in place, it was a handy isolator allowing one to fit a modern consumer unit without needing to draw the DNO fuse.
With the ELCB-v because very little current would flow, it was a voltage device the earth rod would not raise in voltage with a fault, so there was no real need for an earth pit to keep animals away from the rod, however the new RCD can allow a full 30 mA to flow, not just 1 mA as in the case of the ELCB-v so the rod needs to be deeper and in a pit to stop anything touching ground close to the rod.
The ELCB-v in the stone cottage would trip when using an earth loop impedance tester yet with a RCD the tester did not trip it. In other words the 10 mA used by the earth loop impedance tester was enough to trip it inside the cottage.
It does need changing to a current device, mainly to protect from fire, as if there are alternative earth paths you can get high currents passing to earth without tripping the ELCB-v which could melt gas pipes and the like, and clearly if it melts a gas pipe then there is a high chance of fire.