This time lapse follows 24 hours of my life. I wrote a Max/MSP patch to capture a 100ms slice of sound and a frame from my webcam every 144 seconds.
I call it time lapse phonography because the focus is on sound, not on the visuals. I added the visuals because I find it interesting to see and hear the space rather than just hear it.
Check out http:soundplusdesign.com for more details