> So, could a make a FPGA pump >10Mbps, and do what I described?
>
>Absolutely. Even the simplest modern FPGA can pump out 10Mbps. You'll
>likely need to add a line driver to handle the long line, but there are
>lots out there. 

Is the Altera's EP1K10TC100 FPGA from
Pluto FPGA board one of these simple FPGAs?

Thanks alot for your help, it seams like the FPGA is what i want!
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