Yes, John Schmidt is claiming a BCA record, and established a run of 626 that was accepted by the BCA as a new record based on witness statements and viewing a continuous video.
I had the understanding that it was less than 100 shots that were sped up, and at 3 shots/minute (?) that's 33 minutes at normal speed. 17 minutes at 2x speed. Maybe it wasn't necessary to reduce the length of the presentation by less than 20 minutes , but it's not an unreasonable thing to do. As you know, there are frequently parts of a straight pool game that are unremarkable. Maybe they had a target duration for the presentation, and with the additional time taken in describing the history of 14.1 runs and the facilities, and the process that Schmidt followed, it may have just made the event too long. Have you actually asked someone who's part of the team presenting it?
It remains though that reputable and highly regarded straight pool players have 'witnessed' the video and have made 'written statements' on this forum that the video was continuous and it was a magnificent run of 626.
John Schmidt may wind up selling copies of the raw video, or maybe he'll prefer to sell the video with commentary. (I'd be most interested in the commentary.)
But until he gets what income he can from his "Evening with John Schmidt", you can always pay the $50, attend his presentation, and ask him questions directly. Maybe he'll play that 20 minutes for you at normal speed, or maybe you'll have to wait to purchase your own copy. Either way, you can slow that part down if you're still suspicious that there's a conspiracy. I think Danny Harriman will.