Is a flip capable of a decent time-lapse video? If not, what is?

I need a cheap, portable camera that’s going to be capable of recording ‘good quality’ (26fps+ and youtube/vimeo quality) for at least 16 hours (the longer the better).
Obviously, if it’s charged by AAs and it has an expandable memory, IDEAL!
That’s why I was thinking flip.
But if anyone else has any suggestions, that would be great :)