Here’s a tilt shift video I shot with the Canon s95 that shows what they call “miniature” effect – which is really like a fake tilt shift that would othewise be done in post – most likely in After Effects.
There is a time lapse feature as part of the effect that lets you choose 5X 10X or 20X (1.5, 3 or 6 fps respectively).
This was take near Zilker Park in Austin