This was very well done. I'll share it with my 11 year old later as it's difficult for children to understand why mom & dad won't just buy the "cool" items. The concept of paying for branding & packaging was explained nicely.
I don't think that the waste of building infrastructure for Olympic Games is sustainable in the long run. I'd like to see a permanent home for the Summer & Winter games in a place that is safe & appropriate. Then let a different country "host" the games each time. They would provide the opening ceremony entertainment, the theme for the Olympics, etc.
Sounds like a great idea. He doesn't have to worry about hackers since that computer isn't connected to the internet, writing fantasy novels with spell check sounds like a complete nightmare, and he doesn't have to deal with "updates" where the program you are used to moves everything around on you.