Verry nice, indeed!
It can also be found within Warner's 3-disc dvd set for "The Jazz Singer" along with the most excellent documentary "The Dawn of Sound: How the Movies Learned to Talk".
Just between us, though, the YouTube clip of this short has better overall sound, apart from the splices. It has much less hiss and a great deal more sibilance which, for half-deaf folks like me, is a definite plus!