Apparently this is the intro sequence to a Lakai Footwear skate movie titled Fully Flared. Very well done. Be sure to stick around long enough to catch the finale:
EDIT: Lakai had the video taken down. I guess they hate free publicity? DailyMotion still has it up though.
[youtube]vHX8jezNBTk[/youtube]
This just in: Saw on some other posts that the explosion at the end is quite real:
“the most dangerous part of the introduction was Mike Mo Capaldi’s switch flip, which was followed by a staircase being blown up with napalm”
Also it was directed by Spike Jones, and as you’ve probably figured out by now, the music is by M83.