balloon burstin mpg

I wanted to make my hammer to behave like an inflatable balloon does when it pops, so i've found this piece of footage shot with a really high speed camera. Had a look on the internet for some guidance and they advise to "use a collection of softbodies that are contrained to one another (patches of a deformed sphere)" whatever that means? Then it say's to "Using springs on the softbody system, you may be able to break the connections of the patches. By adjusting the parameters of the softbody, you may be able to simulate what it looks like (really flexible rubber) springing all over the place." Think this sounds like a project in itself. I've tried to make an effect using squash handles but it hasn't really worked. Might just make the hammer disappear.