I too have tried this timelapse stuff in the back garden. Bought an Axis network camera over a year ago, fitted it at the back of the house looking out the window.... the server then takes a snap from it once every hr during daylight hrs, and then, presto, just over 8000pics in 1 year all in JPG format.
Since I didn't want to buy Quicktime pro though, I downloaded some free software called JPGVideo which seems to do the job ok - the AVI file it creates is around 3gig, but once rammed through Windows Movie Maker, it's back down to a more sensible size -
22meg of 3min video - it does definately look better on the original (it's on dvd), but for downloading it's plenty sufficient to get the general idea.
I really like the way you walked around the house with the camera though - must have been pretty painstaking to get it right though.... was that a first attempt, or have you tried this before?