I'm sure this is good for many things, but it won't make a great digital oscilloscope. A sample rate of 125Msps is not really high enough for a bandwidth of 50MHz in that context. The low-end Rigol oscilloscopes do 1Gsps.
What's fascinating is a number of people in the HW community have managed to reverse engineer the Rigol DS1052 scope. A Hellene on the EEVBlog forums has lovely pencil drawn schematics [1].
[0] http://www.analog.com/en/analog-to-digital-converters/ad-con...
[1] http://www.eevblog.com/forum/blog/rigol-ds1052e-nasty-surpri...