Multiplexing Photodiodes

I'm not entirely sure as of yet, it depends on how fast the board can read of the data, I have access to a lot of lighting, doing a photographic science degree you see.

Flash duration syncs at 1/60th of a second, I can however use a continues light source, such as tungsten or even LED.

If you were talking about regard to the spectral power distribution of the light source, i plan to filter UV and IR so I am only dealing with the visible light spectrum.