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This one's for our brother Wind, as both the guitarist and the pickup he's demonstrating are from Finland. ;)
The pickup is called the Valvebucker and was created by the Finnish master luthier Juha Ruokangas. It is an active humbucking pickup in which the preamp employs an actual vacuum tube embedded in the guitar. Juha commonly mounts only one such pickup in (some of) his guitars, namely in the middle position, although he does say that dual pickup configurations should technically be possible.
The pickup and preamp come with a special type of wiring in combination with a conventional-looking pickup selector switch, which allows the guitarist to switch between a more neck-pickup-like sound, a more middle-pickup-like sound and a more bridge-pickup-like sound.
This one's just over an hour. :)
This one's worth watching just for Dave's performance of "Burn" at the end of the video. :p