I think probably for hobbyists that 8 channels is OK.
Though, obv, more can be really useful as well as on-screen interpretation of the signal.
I would have thought that, as a project, a logic analyser was the easiest project in the world. No fast ADCing. Just logic and plonk it on a screen.
A good project for a GLCD.
And that link by Paul reminds me of the "be aware" factor with claimed sampling rates. Be ware of huge claims for "repetitive" sampling rates.
I shall await Andrew's testing with interest.
It could prove to be a bargain entry level 'scope that covers most hobbyists needs.
I can recommend, to anyone, that a reasonable quality digital scope will give you much more info for 97.65% of projects than saving a fiver and getting an analogue one (esp if it doesn't store).
And if you can afford a reputable digital one of (genuine non-repetitive) 1GS/s and more then that will cover 99.9% of all your projects you will ever do.
Where possible, get colour.
Where possible, get a big name brand.
I know these are expensive bits of kit, but I see so many projects here from serious long-term hobbyists where they struggle and post for days and weeks - and a 'scope could sort their problem (not 'issue') in 20 minutes.
I'm surprised Rev-Ed haven't started selling instruments and tools as part of their growing portfolio.