Thanks for clearing the situation up and I must say that everything sounds very interesting. Since I do not currently need infinite samples the first version should be just fine for my use, although has it been decided with certainty that a version 2 will be made?
I was planning on purchasing a Saleae logic analyzer when they come out with the cross-platform solution they are working on, but then came by this project where the goal is to make an open source logic analyzer with java based software (if I have understood it correctly). Since java is cross-platform and I am all for open source I would much rather be supporting this project, but from the brief reading I have done it seems that a lot of ideas are discarded because of price concerns. I know this is not meant to be in direct competition to other solutions, but comparison with solutions such as the mentioned Saleae logic analyzer is unavoidable, therefore I wonder what the opinions are on how the price is affecting the outcome of the project?