Pete,
You are correct about the FPS and the sensor limits. It is my fault for neglecting to mention that we are only planning on using one channel, so (in theory) the sensor grid's scanning could be done in such a way as to only get the signals from the cells we need, thus reducing the total amount of data being transferred and achieving the 120 FPS for the max resolution of 1280x800.
I'm new to this forum so the rules prohibit me from messaging other members directly. Nor am I able to list "links" in my posts. So in order to provide you with my email address I have to resort to this:
yephick (at) hotmail (dot) com
Please email me for further discussion.
Thanks,
Igor