DavidG_or, that's good if your sensors are co-located with your board, but I was thinking more of an application where the sensors were more widely deployed. As things stand, to get what I really want, I'd probably either need to bit-bang a unique protocol (which may be lousy for determinism and performance), or scatter lots of tiny FPGAs or CPLDs to implement it in deterministic hardware, just to get reasonable performance with the latency priorities I'm interested in.
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