Now that I have an intervalometer I'm looking forward to shooting time lapse photography. This is one of the first sets of experiments.
Shot with a Canon 50D & 24-70mm lens. Manual exposure: f/8.0 at 1/640 sec. Shot 2,192 frames; one every 2 seconds. "Large" JPEGs (4752x3168) dropped into a 1920x1080 sequence in After Effects and then only zoomed in to 60% - not the full original frame.
I've learned a ton in these relatively few tests: Shoot LOTS of frames. Shoot with everything in manual mode. Including white balance! I'm hoping that the flickering exhibited here is a function of shooting in AWB. Next time: manual white balance.
Some say that shooting longer exposures will help to even out the flickering. 2 seconds per frame? I'd need a heavy neutral density filter to get that length of exposure outdoors though. I am using After Effect's Color Stabilizer to smooth some the flickering.
Finally, weight the tripod and DO NOT walk near it while firing. In this example you'll see the frame rise & fall - where I was walking up to look through the viewfinder.
Looking forward to improving these as time goes by.