This doesn't look like something I would personally want to do with a rabbit (because I'd be concerned about the what ifs) but this lad obviously knows what , but the rabbit seems calm and fine. I bet it feels alot better after getting all that wool removed though.
I have been breeding rabbits for a quite a few years. I thoroughly enjoy them as animals and think they make great pets. I also like to take some of them to rabbit shows to see how they measure up to the standards.
For the BEST rabbit forum I've ever found. Go to Rabbittalk.com. Good for the pet rabbit owner as well as the breeder for meat or show.