I've watched one of the videos above and it appears that the way they designed the input leads and the input series resistors leads to ringing in circuits and places a significant load on the DUT. But they recommend it anyway so it may not be enough to trigger the threshold values?
Also, I think serial number checks are unlikely - DSLogic is mostly defunct now from everything I've heard. Even their website still says 2018 at the bottom. And there are so many clones.
I would guess this gentleman is the one who wrote the article you linked. I have no idea how to program EEPROM since I've really only been learning electronics for a month so it'll be an adventure. I would think it's possible to flash it through the USB interface, but I have no idea how to do that either. Yet!
I think that the bandwidth is probably good enough, up to a point.... My guess is 50 or 100 MHz bandwidth, not sure. I don't even know how I would define the bandwidth of the LA.... I hope the bandwidth is at least close to the sample rate, but I doubt that it is.
It looks like just swapping the firmware filenames or editing the profile list would be the easiest option. I think that it's serial flash, so you could write to it from a mcu, or buy a special programmer to write to it. But, it's easiest to just try swapping the files on the computer.
I don't think that DSLogic is quite dead. They just released a new version of their DSView software. looking at it, it has a lot of room for improvement, but it's usable. There are a huge number of branches on GitHub, but few if any ever get merged back into the trunk. I don't think that there are any clones, I think that they're just selling through the "normal" online Chinese distribution networks where everyone sells it on TaoBao without any sellers knowing any details about it......
The length matching of the tracks on the PCB is beautiful. I'm curious about how well it works with its "use external clock" mode. Do they trigger the IO cell registers on the external clock, or do they fake it by just analyzing the data they sampled at 400 MHz? How much skew is there?