Originally Posted by
keebler303
If you just wish to monitor speed, you could paint half of the periphery of your drive pulley white and the other half black, then use an infrared emitter/detector pair to see the white/black transition. Optical methods will have a minimal effect on balance as you are only putting on a little bit of paint. If your spindle goes really fast, hat becomes important. The infrared sensors I like to use for tachometers are part number QRD1114. You can google that part for sources and circuits.