multiplexing with pwm?

mrboni:
And does this allow pwm for each led individually?

Yes. You can set the brightness level for each of the 192 LEDs (88(R,G,B))

#define __rows 8
#define __leds_per_row 8
byte brightness_red[__leds_per_row][__rows]; 
byte brightness_green[__leds_per_row][__rows];
byte brightness_blue[__leds_per_row][__rows];