I found this on the web and just wanted to share. Marianne Oelund is the original creator, and Jeffery Friedl created the slide-animation for her. She did not have a high speed camera and apparently did all this with a Nikon D3. With patience, she took some 200 images and simply pulled about 70 of the ones she needed for the animation. It looks awesome! Definitely check it out and there is much more explanation on the site!
Not to steal Marianne's thunder (I don't know this woman, I realize it certainly sounds as if she's a good friend of mine, the way I am talking haha. Nor do I know Jeffery) but Jeffery Friedl's blog is very informative and all around quite interesting. He has a lot of good information and appears to be a very intelligent/do-it-yourselfer. I can really appreciate the work he does. So definitely poke around on his blog if you have time!