I agree that video mode is pointless. The problem with the timelapse solution is that the last picture could have been taken nearly as long ago as it takes to write a frame to the SD card, which is perhaps longer than reaction time in the first place, and if you had to wait long there is a good chance the card would be full before the event happened. For this to work the images need to remain in the buffer, rotating on a first in over-written basis, (I imagine that the 5 shots on the E-100 was the size of its buffer) and the shots would need to have been converted to jpg to be small enough for this to work. I imagine this all makes it impossible, or at least impractical, but it would have been nice.
