You can use a DSO as a spectrum analyzer, but you'll have to spend a whole lot to get a bandwidth equivalent to that of even the most basic spectrum analyzer. Good spectrum analyzers also have very good dynamic range.
What might be interesting would be to make a spectrum analyzer by connecting something like a modified satellite or cable TV tuner to a low cost scope and having a PC control the whole thing. (Add further stages of downconversion and you might be able to use a sound card, although it would take longer to perform a sweep.)
Should this be moved to the suggestions section? It might be more likely to get on Dave's radar there.
What might be interesting would be to make a spectrum analyzer by connecting something like a modified satellite or cable TV tuner to a low cost scope and having a PC control the whole thing.
Using cable TV tuners to make a spectrum analyzer was done quite a few years ago, NiHaoMike. The project is called the Poor Man's Spectrum Analyzer. The website is
http://www.science-workshop.com/.