I do the shortened modern version of the form. I wouldn’t say i’m a fan of the form but it did draw my interest towards 5 animals again so I wouldn’t call it a complete waste 
From the Shaolin Quan Pu that have been preserved and passed down from Bai Yu Feng, et al, it was called Wu Quan, Five Fists. and it was composed of 16 animals, with five styles of boxing (Luohan, Rou Quan, Hua Quan, forgot the other two). It has eagle, horse, rabbit, rooster, ox, mantis, and others.
The lineage from Yi Guan that went south from Henan at the beginning of the Qing Dynasty created the Wu Xing Quan, its of southern Shaolin origin to have 5 animals only.
http://www.youtube.com/watch?v=QoKF3eOTwbw
This form is called Nanyuan Wuxing Bafa in Shaolin Temple.
http://www.youtube.com/watch?v=Rz53YD8BhWs
This is an other Wuxing Bafa form
There are various Wuxing Bafa.The concept is the same.About 24 movements with 2 or 3 Movements for each Animal. Besides of this, there are some 5 Animal forms that act as the basic 5 Animal forms. Shi De Cheng has the most of thi forms presented.
http://www.youtube.com/watch?v=aqwsWIcS2CA
This is a part from the normal Dragon form
There are
https://www.youtube.com/watch?feature=player_embedded&v=Lf-6HvcAq9o
This is my Sifu in the Fawan Si Temple. He is a student of Shi Heng Jun.His Monk Name is Shi Miao Dian. He teaches here the Nanyuan Wuxing Bafa.
[QUOTE=Sal Canzonieri;1227088]From the Shaolin Quan Pu that have been preserved and passed down from Bai Yu Feng, et al, it was called Wu Quan, Five Fists. and it was composed of 16 animals, with five styles of boxing (Luohan, Rou Quan, Hua Quan, forgot the other two). It has eagle, horse, rabbit, rooster, ox, mantis, and others.
The lineage from Yi Guan that went south from Henan at the beginning of the Qing Dynasty created the Wu Xing Quan, its of southern Shaolin origin to have 5 animals only.[/QUOTE]
The xingyi form has 12 animals and 5 elements. Totally unrelated tho, i’m sure:
http://www.youtube.com/watch?v=IfAi3OdD4oQ&feature=youtube_gdata_player