A long time ago I used to use Electric Image Animation System (anyone heard of that?) and I have to say Cheetah is really awesome. I really enjoyed EIAS back then (last version I used was EIAS 7), so I decided to give it a go with Cheetah. I still don't try to animate anything with it, this is the first thing I do, and I find it super easy so far. And since for the moment all I want to do is animate logos, I'm very happy.
Besides asking if it's possible to animate each ball of a ring individually, I have another question. Is it possible to use a spline to cut thru an object? what I want to do is cut the gray bars that you see behind the MANGO letters so they fit exactly in the round shape of the cylinder.
This is because I want to animate the bars flying and falling into their position, but I find it cheesy if they have to go thru the cylinder, so I want them to fit perfectly.
English is not my first language, I hope it makes sense.
If you want holes for the bars you can double them - merge them and use a Boolean subtraction to make holes in the red ring - if that´s what you´re asking for.
You can compress the file (zipped) and upload it in the forum so we can be more precise if you want.
If you want separate objects you need to make the hierarchy "editable" in first place. Then you have to group select one sphere (while in polygon mode) and go for the split command to make it an individual mesh. Then go for the next sphere.
What kind of animation do you have in mind? Maybe you don´t need separate objects.