Need some help

Hey guys, i've got a question. In the following video this guy plays a solo, and i can kind of see what notes he's playing, but i don't get the rhythm. Someone mentioned he's playing triplets? am i right in assuming that this means that he's playing each note 3 times before he moves on to the next one?

http://www.youtube.com/watch?v=LSD7lN9w9yI&feature=related

Thanks in advance

Triplet = playing THREE notes in the space (time value) of TWO, notes, most often in 4/4 or 2/4 time
Triplets in 4/4 accent the ONE
IE:
1 2 3 1 2 3 1 2 3 1 2 3

Dig?

RAWK!
Cs

PS: dunno exactly what the guy in that link was/is playing as its early, i played a show yesterday and wasn't ready for the onslaught this a.m. ;~)