Behind the scenes:
Actual video:
A little more info at Gawker.
Truly. Tell me about it, for a grade.
And then, tell me about it, for next year.
Looks like Sequence might be worth the $35 to use in post production if a really good time lapse were key to something you were making for a client.
Joe Nicolosi ‘s site is interesting — I like+don’t understand his SXSW Line film.
Technique: record someone telling a story that is entertaining (or not). Create visual that “comments on”/expands on/twists/illustrates it.

Gizmodo has details.
There is no tilt-shift filter for iMovie, but there’s an iPhone app.
Reminder of tools/skills you can/should/might use:
Interesting interactive article in the New York Times comparing the editing of five trailers, Silver Linings Playbook, Lincoln, Amour, Argo, Beasts of the Southern Wild.