is this a example for HIIT cardio?

[MoeSpanxx]

is this a example for HIIT cardio?

http://www.youtube.com/watch?v=6SN2EvWZWXo

i should run incline on a treadmill and put like 4.0 rate then after 2min walk a medium pace then repeat for 30mintues? is that good? and considered a HIIT?

and when is the best time do it? non training days? before or after? im tryng to hit 8percent bodyfat