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No it is not a bunch of B.S. It is a method that has not been disproven. When done properly and in the right environment it seems to give a fairly decent dating system. In fact dating with isotopes has become more accurate instead of less accurate.

I believe problems arise when persons use the wrong isotope for the material and time they wish to date.

In any event, this presentation provides no evidence to say radiocarbon or other isotope dating is a bunch of BS.

Here are some good links on radiocarbon dating:

ReligiousTolerance.org Carbon-14 Dating (C-14): Beliefs of New-Earth Creationists
The American Scientific Affiliation: Science in Christian Perspective Radiometric Dating: A Christian Perspective by Dr. Roger C. Wiens.
This site, BiblicalChronologist.org has a series of good articles on radiocarbon dating.

Are tree-ring chronologies reliable? (The Biblical Chronologist, Vol. 5, No. 1)
How does the radiocarbon dating method work? (The Biblical Chronologist, Vol. 5, No. 1)
How precise is radiocarbon dating?
Is radiocarbon dating based on assumptions?
Has radiocarbon dating been invalidated by unreasonable results?

Tree Ring and C14 Dating
Radiocarbon WEB-info Radiocarbon Laboratory, University of Waikato, New Zealand.