I have finally had the time to install Magic Lantern firmware on my 60D. The software is pretty incredible, is entirely free, and you should definitely give it a shot if your camera is supported. It adds a ton of features that are far beyond the camera's original capabilities.
Yesterday I took the intervalometer for a try, and made a couple timelapse videos at two of my favorite spots in San Francisco, the Ferry Building Farmer's Market and Union Square. I am only scratching the surface of what ML can do at this point. Enjoy!