Mostly I've been doing timelapses with the PiCamera module I bought at the same time.
I've been using a modified version of Fotosyn's script
I removed the time references so it would run when not connected to the net plus a few other things. One important thing to realise is that the calls to raspistill take 5 seconds by default so the time on that script is actually one every 65 seconds (possibly 66 seconds, I saw a mention that it takes ~1 second extra, haven't had a chance to test this yet).
This is my setup:
Resulting in these and some more on my channel: