This is one of the funniest student animation's I've seen in a while.
The best thing about it is that they've kept it so simple! They only modelled the things that they needed (i.e. the building, tree, bricks etc) and were essential to the story, nothing else. Another interesting thing is that the story is actually from the Darwin awards which means that you don't have to think of an original idea, you can tell an existing story but put your own spin on it.
The animation is great too. My favourite parts of the representations of the presence of mind. There's a lovely walk cycle in there that's just fantastic. I like the whimiscal and seemingly oblivious to everything else it adds to the personality. Everything that has been done in the animation just enhances the hilarity of the story.
I'm hoping to carry some inspiration from this simplicity into the final project. Basically where it can be simplified without affecting the story telling, it should be done.