hiphop does not have to be just the 4 elements, look at the latest mr wiggles interview, look at this interview of house dancers
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hiphop is the attitude. if you eat cornflakes pancakes with a hiphop attitude then your living your hiphop.
dont limit yourself. if you like to dance and you see something you think is cool try to figure it out and incorporate it into your own groove.
in regards to the other tangent about commercialization. its just the byproduct of being popular, look at any large corperation like mtv, vh1, mcdonalds, coke/pepsi etc... if people didnt like it and buy it then they wouldnt be as large and as widespread and globalized as they are today. atleast the commercialization brought alot of the whole urban movement to other areas of the world that otherwise would never have encountered it.
apparently ive said most of what other people have so I guess I will comment on the shane sparks video.
Basically it takes from hip hop what shane sparks thinks are some steps that he has taken and made his own, and he shows people a simplified way to do it. the best lesson you could ever get would be going out and meeting people who really do it on the street like some people have mentioned ELITE FORCE but for all the 12 year old white boys, which I too was once, who are just going through a fad or whatever getting a video and learning a few simple steps can be fun.
I think the hiphop dance portrayed in that video is a synthesis of the street hiphop dance with mainstream dance.
dont hate, the people who are in it for the fad will come and fade away and the people who are really into always hang around