This speedo would appear to comply on side seam requirement and showing glutes and tunnel as well - and so relates also to posts in other threads (and looks like we also have a double presentation of the guy):
http://25.media.tumblr.com/5c6e4f607...yfmo1_1280.jpg
And the fuller picture:
http://31.media.tumblr.com/7ae11468b...mwvno1_500.jpg