Yes, the interrupt will be generated continously for every (100*timer resolution)... if timer resolution is 1us then interrupt occurance is for every 1msec.
Sry it is not possible to send you project.. net systems are isolated in our company.
But i suggest you to find example code in for PWM generation in METROWERKS installation path ....codewarrior_example/multicore project.
In that code interrupt willl be genrated for raising match and falling match. If u set sm_st then interrupt will generate for evry falling match or rising match. Or simply make comment for .cir command in one of entry point for rising mathc or in falling match.
i think this will help you..