Hello all,
Thank you very much for your insights. I think for the most part I have been able to work with the 9600 baud rate which basically mains outputting a character approximately every 1ms. This so far I believe is sufficient for my needs, though eventually I might need a higher baud rate chip (like the MSP430F5529 that was suggested.)
I am currently trying to fix the Matlab aspects of the problem and when will test out this setup. I will keep you updated on my progress.
Thank you very much again.
P.S: Oh...and yes, I will need to detect the falling edges for each of the p