The CCR ribbon has 3 SMD 5050 RGB LEDs for each controllable pixel. It has 50 of these pixels over a 5 metre length and each pixel takes 3 channels (red, green, blue) so that is 3 LEDS x 50 Pixels = 150 LED lights. 50 RGB pixels = 150 channels (RGB)
Now each pixel is controlled by its own IC chip that will know its position within the CCR. The pixel IC is not addressed in a way that it needs to be in order, so that means if you cut a CCR up it wont matter if you mix the sections up it will still work. This is actually very handy for my matrix which gives me 8 spare pixels, so if one pixels fails i can just replace it with the spares that I have and not worry about it being the incorrect channel. I'm not sure what comms are used for the CCR itself but there are 4 supply tracks, i presume 2 tracks are for + and - DC supply to the ribbon and the other 2 are the comms between each pixel.
Now the CCR can be delicate, i recommend having it secure to something solid as if the strip is handled to much or bent to much then the solder joints on the IC or LEDs may get damaged.
Otherwise they are bright, colourful and i think they will make a great addition to mine or anyone elses display this year
Hope that helps a little