Complex sentence: Modern burlesque has taken many on forms, but all have the common trait of honoring one or more of burlesque's previous incarnations, with acts including striptease, expensive or garish costumes, bawdy humor, cabaret and more.
Split into simpler sentences: Modern burlesque has taken many on forms, but it has the common trait of honoring one or more of burlesque's previous incarnations. A typical burlesque act may include striptease, expensive or garish costumes, bawdy humor, cabaret and more.