I've installed motioneye on a Raspberry Pi Zero-W running Raspbian-Stretch using what I've documented here:
Just playing around with it using a Picamera NoIR, I turned off movies (although it made some motion capture mp4 videos OK, albeit with too low a frame rate to really call it "video") and just captured 1920x1080 one per second stills with motion trigger.
Seems to work fine. While "viewing" the stills I clicked the "Timelapse" button and it started making a movie of the captured stills (less than 100), it got to 44% and the system locked up. I have a monitor and keyboard/mouse hooked up as well as using the web interface so I could verify it was cut the power and restart locked up.
I see two obvious possibilities:
1) Ran out of memory, the PiZero has only like 512MB
2) Issue with the Raspbian -Stretch ffmpeg 3.2.x vs the recommended 3.1.1-1 deb install.
I don't need to ever actually do this, but thought it worth reporting.