I’m sure this has already been found but…yeah you can do it,I belive it’s character specific,for example Markman can cancel his back jump into his ground special but Uncle Sensei can’t, it’s usefull for some characters, for example if you do the example above,Markman will pick things and create a small distance between your opponent and you,this might be a good tool if someone is trying to beat your jump or kicks
Yeah. Seth can kara-cancel dive into parry. Might save you a headshot one day.