The above tilt-shift video, The Sandpit, is neither video nor tilt-shift.
In an interview with Aero film, Sam O’Hare, the film’s producer, explains that the video was produced using 35,000 stills shot with a Nikon D3 and a D80. The tilt-shift effect was created in post:
I did some initial tests a while back using a rented 24mm tilt-shift lens, which is the standard way to do this. However, after my tests, I found it made much more sense to do this effect in post, rather than in camera. Shooting tilt-shift requires a tripod, as it is very hard to stabilise afterwards, and gives less flexibility in the final look. I opted to shoot it on normal lenses, which allowed me options in the depth of field and shot movement in post. I used a tripod for the night shots, and my Gorillapod (which is much more portable) where possible, but many locations—like hanging over the edge of a roof or through a gap in fencing on a bridge— had to be shot hand held, and the inevitable wobble removed afterwards.
The end result is just stunning. This gives me hope for producing a tilt-shift video of my own without having to purchase a $2,300 lens.