FYI- this is not me hovering. But it is fun to watch and definitely inspires me to bring my Phoenix in a little closer soon!
My latest challenge has been perfect cuban 8's (by my standard) right out front- Cl of runway, nice circularloops ranging from 20 to 60 feet altitude.
I also like to make the 180 degree nose down rolls sharp and vertical which is much easier on this light responsive plane than any of my others.
But I am still miles from this:

http://www.youtube.com/watch?v=BqSSZ...layer_embedded

STYK5: he has an OS 91 FX 2stroke- note the different exhaust note from my video with the 91 4 stroke.
I'd also guess by looking that he has a little more climbout than my 4stroke on 15% or 20% nitro. I haven't run the 30% yet. Saving that for a day where I am ready to get the hover down to 20 feet where I can see it... practicing that on my foamy- a blue and white Yak Ikarus Shockflyer which is a tad more forgiving when it falls out of hover.....