Oh none of the information shared by the links is wrong.
But those principals have to be taken in context.
I thought you physicists would enjoy examining this sort of thing and stretching your brains a little. I'm convinced that no one has looked at this beyond the title. You say it's wrong because you believe it's wrong and that's the only reason you give.
Friction is not an issue with this design. It will either move and work as a perpetual motion device or it wont move at all.
Maybe I should post it on 4chan, they might get a kick out if it.