I like seeing the steps also, though I think the magic feeling only appears because you don't really see how long everything takes and how tedious it is with just the snapshots, so it's the time compression aspect that is the magical thing about process posts. (It's even more obvious when people post time compressed videos or screencasts showing everything in fast forward, that never fails to impress me, whereas often with for example real time livecasts I'm interested a little while and then bored unless the artist explicitly makes it a lecture.)
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I like seeing the steps also, though I think the magic feeling only appears because you don't really see how long everything takes and how tedious it is with just the snapshots, so it's the time compression aspect that is the magical thing about process posts. (It's even more obvious when people post time compressed videos or screencasts showing everything in fast forward, that never fails to impress me, whereas often with for example real time livecasts I'm interested a little while and then bored unless the artist explicitly makes it a lecture.)