I thought i should get the ball rolling and post up the outline of the project however I don't expect frequent updates to be posted for about two weeks after this date (20/06/2014) but after that i should have a large amount of time to devote to the project.

I by no means have a complete working knowledge of everything i plan to incorporate into this design (especially the oscilloscope, that's gonna be a painful lesson), so constructive criticism and pointing out mistakes and blatant failures is welcome with open arms.