Hi guys, thanks for all the replies with lots of good suggestions.
I think ve7xen's link (
http://tf.nist.gov/general/pdf/870.pdf) which suggest Time Interval Interpolation as the method sounds as the most realistic bid.
Edit: forgot to add a link to a similar PDF
http://ztc.wel.wat.edu.pl/met4_1_004.pdf which describes the method in more details and is more recent (2003).
I know that sub ps delays can be achieved with delay lines, but the problem is that it must be combined with very long measurements, so combining a coarse MHz counter with TII sounds like it would do the job. It's still not something for the average DIY project, but should be doable for the companies that produce those devices.
I don't believe in triangulation at >100m (330ft) like some have suggested. It's just too little deviation on such a small sensor and would require a pretty big resolution.
The post from mikeselectricstuff sounds interesting too - there might be some "odd stuff" going on to further sharpen the accuracy.
One thing that also puzzles me regardless of the timing method is, as smashedProton wrote, how they manage to capture the reflection on those distances while still keeping the device eye safe?
It would definitely need to be pulsed, but still it's incredible to capture a reflection of a eye safe laser at 20m, 100m and even 500m as some of the golfing/hunting devices offer.
I can only say one thing:
TEARDOWN PLEASE