Ah. I don't think SOE will have any problem with the pre-processor (or what I'd call a compiler or something like that... sicne its taking human-easy code and transforming it into valid XML code).
So long as everything is in SOE's XML, and there are no programs running (which from my understanding there shouldn't be: You're just making scripts to do stuff and putting them in a library) I don't see SOE having any problem with it.
By accurate timer, are you talking about something stop/startable (and even resetable) like a stopwatch? That would be so awesome =)
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