Yesterday, I was looking at the pictures again and noticed an addition at the bottom. SwashBot's creator, Crabfu, has just built a larger version, SwashBot 2 (pictured besides the original).
There is a video of SwashBot 2 on his site , it has the same style gait as the original, but is somewhat larger.
Kudos goes out to Crabfu, both of these bots are fantastic examples interesting robots built on a budget. I just hope he puts a little automation into them now; there are plenty of Microcontrollers that could handle that many Servos directly and that gait coupled with a simple light-seeking, obstacle-avoiding behaviour would be fantastic to see.