Man this is the first time i have seen anything like this...This guy has some major issues doing it but it looks like he knows what he is doing. Just watching him do these things is pretty cool. Don't want to spoil it so just check it out. http://www.theperser.com/html/../assets/multimedia/Hopp_hopp_www.snabbstart.com.wmv
That dude won't have any cartilage in his knees left when he's 25. Btw, did you check out the stuff on the root of that site? One of the videos shows the guys taking a couple big hits off of a blunt and then doing a karaoke duet. It's hilarious.
I remember seeing this a year or 2 ago. What they're doing actually has a name, it's called Parkour. It's also known as Free Running. http://www.parkour.com/ There's a philosophy to it an everything. Though, it just seems to me that some kids started doing some stuff they though was cool and then started mystifying it.