How about a 28-pin PIC24FJxxGA002. 5 independent input capture AND 5 independent PWM's/OC (up to 16-bit resolution and 500kHZ). About $2 each (depending on flash from 16-64kB, 4kB or 8kB RAM). Plus lots of other stuff like 2 UART's, built-in RTCC, 2 SPI, 2 I2C, etc. Plus you can select which pins you want to use for most of the peripherals.
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