I found this reference on another forum that was very interesting. I had never heard of Charlieplexing before but this is really cool. It not only applies to multiplexing outputs, but inputs as well. Since the guy that came up with this works at Maxim, there are even some Maxim parts that use charlieplexing to drive LEDs. It looks like aratti's design may be a variant of charlieplexing.
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