I must confess I am struggling a bit with understanding how IK works and I am beginning to wonder if there are some problems with it, although that might just be my lack of understanding. In particular when setting the constraint limits for the y axis no coloured circle appears to show the limits visually unlike the x (red) and z(blue) axes , this also seems to be case in the video. I have tried looking from various viewpoints such as top down but nothing is visible. Consequently, I am wondering if Blender is setting limits on the y axis at all.
Additionally at about 6:22 in the video Mike appears to move the the bone in the x axis and this movement appears to change the minimum limit for the x constraints. How does he achieve this? I have tried for some time to repeat this in my own model, but without success.