In his video Laithwaite places a toy gyroscope on a tower on ice, it is intended that the ice will provide a frictionless surface. It can be seen that precession occurs as before with the gyroscope precessing around the tower. Laithwaite claims this shows that the gyroscope appears to exhibit no centrifugal force.
It can be seen that the tower has legs which dig into the ice meaning the assumption of a frictionless surface is not valid. Therefore Laithwaite's claim that the gyroscope appears to exhibit no centrifugal force is also invalid.
This experiment was repeated using an air table to provide a frictionless surface.
Unlike in Laithwaite's
demonstration in this case the center of mass of the assembly is seen
to remain
above a fixed point whilst everything rotates around it. An animation
of this demonstration along with animations
of other demonstrations can be seen on the flash
page.
The air table provides a flat frictionless surface, therefore there are can be no net lateral force acting upon the assembly.
The videos show that the overall center of mass of the gyroscope and stand stay in one place whilst the rest of the assembly precesses around it.