Here’s my solution (it’s the one from the book):
And here’s the link:
http://www.lodev.org/jstumble/?board=1rlae0ragrr1er1rrielarreragrrler1rxeelrxlerexleerlrel
Description: The three bits on the left (not the gear bits) count out blue balls. The two gear bit latches guard access to the second and third bits. After being flipped, they merely pass the ball through to the next bit. So at first, only the first bit available before the ball goes over to the right side. Then, the first and second bits are available (causing 4 blue balls to be released). Then, the first, second, and third bits are available (causing 8 blue balls to be released). The computer stops after 3 red balls are released, using the down counter and the interceptor on the right side of the board.