Maybe so. But this would involve some outside circuitry, such as a pair of HES transistors. I'm not really familiar with flip flops (except the ones in the shower), and have watched a couple of short videos which didn't enlighten me.
On the other hand, the 4966 is a four pin chip, giving me...
Got a bunch of rotating parts, and need to do some automatic control work. So need to measure the direction of rotation and the rpm.
First idea is to put a magnet(s) on the sprocket then mount two Hall effect sensors nearby, but close together.
Need some sort of a circuit to determine which...
I'm running a Bridgeport vertical mill on a VFD and love it. Think it's a GE/Hitachi brand, bought surplus. About $120 for a 3HP VFD to drive a 2 HP motor. (They were out of the 2 HP version, so sent me a 3 HP for the same price.)
The motor doesn't have much of an internal cooling fan, so...