I'm not sure if this site is going to hate me for directly linking (actually, they'll probably appreciate the publicity), but in response to your question, check this out:
This is contemporary chinese wushu, and one of the many ways I waste my life. If you don't think these guys have explosive power + flexibility + crazy verts... you're just insane.
This is the unfortunate reason I have to do the splits. Otherwise, I wouldn't bother.
NOTE: Don't use the link directly; it won't work (at least it didn't for me). Instead, right-click on it, hit "copy shortcut", open a new browser window, and paste it in that.