ahadik:
Upon further thought, I'm not actually sure how the Blink Without Delay method could be leveraged here. My algorithm consists of a main while loop, and each pass through it might take more or less time. Therefor, I don't see how I could get a consistent time step using the Blink Without Delay strategy.
A single pass through loop() will be very fast (unless you have a delay() function) so the minor timing variation will be irrelevant unless you need microsecond accuracy in the timing for your sensor readings - which I suspect isn't required.
A description of the overall project would be useful. What sort of sensors are you using and for what?
...R