Hi to all, and thanks for the fast response!
Now I will try and elaborate on your comments, but first of all please excuse my lapsus with the analogue switch, what I need is just a switch, but extremely fast.
The problem I face is the measurement of the time duration between the signals from two PMTs. The resolution of the measurement should be better than 300ps with a range of 0.3 to 10 ns. I address this problem by designing a simple sample and hold (SH) which can provide resolution of few tens of ps in the range 3 to 20 ns. The PMT signals are fed to a Schmitt Trigger (ST) which gives PECL as output with RT/FT of 90 ps and the whole system downstream is designed for PECL signals.
Since the lower limit of the SH measurement range is too high, the signal from the second PMT will be routed via a programmable delay to add 3 or more ns to compensate for the slow turning on of the SH. The PECL signal from the ST is split in two using ADCLK925 from Analogue Devices, one part of the signal is used to control the master-switch in question. The master switch decides which signal will be routed via the delay and as such is the most critical part of the design, any time duration which is smaller or comparable to the reaction time of the master-switch will lead to a race condition and undefined result.
Ah, and did I mention, my detector will have several tens of thousands such channels (PMT pairs) so using of the readily available of-the-shelve products will make the costs prohibitive, so I need a really CHEAP solution

Marco, I will have to read further on about the sampling gates to understand if I can use them. Will come back at that once I am better prepared.