Following my proposition draft on the timeline I would like to share with you more in detail my proposal concening the timeline and your suggestions/feedback on it.
Going from a top-down approch, a key feature in real life applications of dynamic graphs is time granularity, ie, the "resolution" of the time interval we see and work with. As Cezary pointed out, in a long time frame (with potentially large scale in time phenomena) there may be time intervals with interesting phenomena which are observable only in a small scale time frame. Incorporating this feature in the timeline component is challenging, and I share Mathieu's concern with the zoomable time frame in the sense it is risky to get stuck with a cumbersome or impractical interface. Another potential downside is loosing the relative notion of size between the zoomed interval and the whole interval.
An alternative solution to overcome these issues keeping the granularity and simplicity would be to combine a 'detailed timeline' component (roughly like the current timeline) with a 'global' one, in the form of a complete interval scroll bar. One idea for the layout is to add a scroll in the bottom of the current time line and two small icons in one of the corners of the timeline (with the signs '+' and '-', for example) to control the granularity, ie, the time resolution.
Consider the following example: an user has day-by-day data for an year. At first the detailed timeline will correspond to the whole year and the scroll bar slide's width is the maximum (the same as the scroll bar's total width). Suppose the user wants to inspect the data on a weekly basis. He can just press the increasing granularity button '+' until he gets to the desired resolution. The detailed timeline will then correspond to interval of an week and the 'global' scroll bar slide's width will be resized: it will be proportional to the scroll bar's total width to the same amount a week is proportional to an year. Now suppose the user wants to analyse activity in week 17. It is enough to scroll the slide to the corresponding position, so that the detailed timeline corresponds to week 17 interval. If the user is done and wants to get back to a global picture or proceed to a more detailed analysis she can just reduce the time granularity with the corresponding controls '+' and '-' in the the same straight forward way.
Another interesting feature, related to video exporting, would be the possibility to introduce time markers in the timeline, to highlight important events. Among the many examples that could illustrate the benefits of this, consider the case in which the user is studing the evolution of the bird flu epidemic. She might be interested to keep track of the dates when the epidemic infected 100 persons, 1000 persons and so on or the date when the desease reached another city, country, etc. If a video is generated with this data, these markers migth be represented by written labels in the screen for example.
As for the time units involved, I am aligned with what has been discussed in general and think that it would be nice to have 'friendly' data units when its appropriate -- including the tooltip. However, I agree with Seb in that generally time does not come in date format. In this sense, Mathieu's suggestion of having a percentage in the tooltop (in parenthesis after the time for instance) would be a great extra.
The text is getting long, so I'll halt por the moment. If you have any questions, please do not hesitate

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