so for instance if i turned two pots at the same time the arduino would know from the time delay where it's coming from? or am i not getting what you just said?
It always knows that you have Pot 0 connected to Analog Pin 0 and Pot 1 connected to Analog Pin 1.
In your program, if you loop over and over, reading the pins...it will read both pots a ridiculous number of times per second...about 800 times per second (as per MikMo's post).
So realistically, yep, you're reading both simultaneously. If you consider thousands of times per second simultaneous! I know I do...
[edit]Deleted my post after this one, I was confused. Or foncused as I like to say...[/edit]