Thanks for the link to the discussion capt' , that's sort of what I was looking for to give me a sense of what I'm dealing with here. Looks like this would be fairly challenging reverse engineering project starting from scratch and may require an FPGA to interface to the signal. That's more than I want to take on for this project when the alternative is to just use a regular optical quadrature encoder. Bit of a shame 'cause these are very high precision encoders with some nice tech inside them (and I'm getting them free from a machine pull).