that is VERY GOOD for a 150 dollar UPS.
Stay with the point.
Due to superior protection already inside every computer, that '200 volts plus' is ideal power for every computer. However that same power may be harmful to small electric motors or power strip protectors.
Be mildly suspicious of that demonstration, in part, because they used a resistive load. And very little load. Computers, electronics, and other devices are reactive loads (as another demonstrated with a 0.6 power factor). Reactive loads make power 'dirtier'. However that has only minor to no relevant to the OP's question.
A utility demonstrates the classic UPS output:
http://www.duke-energy.com/indiana-business/products/power-quality/tech-tip-03.asp
Their figures even shows AC power switching to UPS battery power. Note how 'dirty' that UPS power is. And this is the point relevant to the OP's question. 'Dirty' UPS power is ideal power for electronics. This need for pure sine waves is often only promoted by fear; not by technical necessity.
Often a pure sine wave output means its battery expires faster. One reason for 'dirtier' power is less lost power in the 'battery to AC power' conversion.
A UPS provides temporary power for data protection. Purity of a sine wave is mostly irrelevant due to hardware protection routinely part of every electronic design. Even this 120 volt UPS (200 volt square waves with a spike of up to 270 volts) is sufficient and safe power for electronic hardware.
Of greater concern is a UPS meeting minimal power requirements and other lesser factors such as how many minutes it will provide that power and how many years before its battery must be replaced.
How often does power fail when using a computer? Battery backup mode is (should be) a rare event. When not in battery backup mode, then a UPS connects a computer directly to AC mains. No magic or electrical changes exists when power passes through that UPS. As the Cyberpower video even demonstrates.
Another concern. Some UPSes are confused by noise. Many assume the UPS is switching to battery due to 'bad' utility voltage. Reality: if incandescent bulbs do not dim to 50% intensity, then AC voltage is more than sufficient.
That UPS was confused and switched to batteries. Not because voltage dropped. Noise (ie a refrigerator switching off) can cause a lesser UPS to switch, too frequently, to battery power. Some, only using speculation, assume that is the UPS protecting their computer from a voltage drop. If voltage drops, then low voltage is indicated by indisputably dimmed incandescent light bulbs. How often do your bulbs dim that much? A properly designed UPS should rarely be in battery backup mode.
Above and in the previous post are the purpose of and relevant / irrelevant factors for selecting a UPS.