That video is sort of comparing apples to oranges.
Of Course Knipex is a better plier, but its both more expensive and more specialized. The Channelock is an all-purpose / general tool for the workbox. Its cheaper and gets the job done and is widely available/replaceble.
The made in the USA vs the design finesse of the EU...would go the other way if you throw in the snap-on needle-nose...but again, the SO is more specific in design intent .... and most don't feel the knipex 26 is better than the so talon grip....but again this is all apples and oranges and ultimately has not much to do with channelock other than showing such comparison's when taken out of context can be problematic or mis-leading...more specific and more expensive designs do tend to peform better in the specific applications for which they were designed/purchased (obviously).
The issue of getting the job done vs getting the job done with more finesse, or having a more durable and longer lifespan is ultimately a judgement call and price/budget comes into play for sure. Not so much when buying 1 plier but when buying say 20 pieces to kit out a whole box or shop.