This is a Tool-Assisted Superplay/Speedrun (often abbreviated to "TAS") where a player can edit, rerecord, and manipulate a game into doing whatever that person desires. Visit http://tasvideos.org/ for more information.

Final decimal is 8.40s. This is pretty tough to optimize with the tight movements, lag, and high speeds, but I'm pretty confident that 0:07 isn't possible.