EDIT: Future archeologist here (3 minutes after posting). It stands for "Live Performance", which is an unnecessarily obscure way of saying something that isn't obvious from the context alone.
EDIT2: Or it's this: https://en.wikipedia.org/wiki/LP_record
> Does a perfect Cartwheel in the first clip
Damn clankers ’roid their babies.
Edit: Just seen that 'low cost' means $6k, LMAO
In large part what makes this crazy ambitious is not that it can't be done it is that you need to program all the details and minor variations in environment mean the robot can't do anything. It is easy to program a robot to move 5cm, it is hard to program it to identify random items that are placed in random locations. Things are getting better, but this is a hard problem.
Not every problem needs to be solved by humanoid robots. (Almost no problem needs to be solved by humanoid robots actually)