1. A method of obtaining both location and spectral information regarding an object, the method comprising: directing a laser pulse to a point on the object and receiving a corresponding return light signal; wavelength separating the return light signal into a plurality of spectral pulse components; propagating each of the spectral pulse components down a separate fiber optic delay line, each fiber optic delay line having a different length to provide a plurality of time-separated spectral pulse components; combining the time-separated spectral pulse components to provide a recombined spectral pulse signal; providing the recombined spectral pulse signal to intensity-related measuring/detection circuitry to generate corresponding object location information and object spectral information regarding the point on the object.