I think I answered pretty much on the subject line, reading again the title of the topic, and matt questions. From what I read, he seems to have a interest for the microcontroller / electronic question.
Not that he's against a simple and effective solution to his problem, but I though he was looking for gathering some knowledge to do something himself.
while for sure he will now dive in the full custom electronic circuit board, I think that
arduino or parallax BASIC chips are worth to be mentionned.
http://www.parallax.com/
For instance, an
arduino board to prototype your ideas costs $20. The make controller is also known to be an excellent board but it quite "overkill" for the task you mentionned.
Now, about doability, sure you'll have to learn about programming a "controller board" but it's definitly nothing compared to design a board from scratch.
Another topic to be discussed : once prototype, what sort of experience or ressource do you target to fit the whole thing in a hilt, cause this ask the question of adapt the controller board to a new formfactor.
PIC BASIC chip could be a good candidate since they embed the language interpreter and are small enough to fit-in-a-hilt.
http://www.parallax.com/tabid/295/Default.aspx
Matt, you might now clarify your needs
Let us know if like eandori said you target this as a 1 year project or if it was supposed to be finished yesterday
Erv'
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