Is an Arduino fast enough to read its own PWM lines? (cool or dumb idea)

GoForSmoke, YOU ROCK!
"Bit banging" is EXACTLY what I am looking for. Same with "Soft PWM".
This link on this site shows 14 Arduino output pins doing PWM with no external chips.
http://www.arduino.cc/playground/Main/PWMallPins

My app would be even simpler, since I do not need the sine wave part.

Thank you. That's why I'm the newbie and you're not!

This puts the tech in my Techylah.

Also, based on the suggestion for "soft PWM", I dug up the following.

I couldn't find a sketch to download, though.
Doesn't matter. That listing tells all I needed to know.

Programming with expert help out there is really cool.

See, you drive the PWM, not try to keep up with it.