Homemade electric unicycle?

I have seen quite a few projects (not only on the internet) of self-propelling two-wheeled devices that use gyroscopes to stay up. Segways can now be built at home with an arduino, batteries, soldering…

Now, there is this little toy: - YouTube . It seems to be that the one on the video already is a copy of the original product.

Would it be possible, with knowledge of Electronics, programming, physics and all other specialities involved on this project to build something like that at home?

Sure, it’s a project people like to make. One example: http://www.instructables.com/id/Self-Balancing-Unicycle/

Just search for DIY self-balancing unicycle and you should find others.