let me start by saying I'd love to see you and your products succeed. ITIC came up in my googling when i was looking for a h/w USB analyser a few months back, and I almost sprang for the 1480A, but a cheap 2nd-hand Ellisys USB Explorer 200 came up on eBay (a rare event) so I took the plunge there, as my needs are still fairly loosely defined (ask me again in a month! lol). I know it's no consolation now, but you were about to be my 1st choice.
having said all that, I think your presentation & 'marketing' for this KS campaign is a train wreck about to happen.
i agree with MikesElectricStuff's feedback 100%
i strongly urge you to simplify the first screen-full of text, and carefully consider who your target market is, and what amount of time they're going to have to dedicate to reading that first page of your KS page (not much - do NOT make the mistake of thinking they all think & behave like you! THEY ARE NOT YOU, otherwise they'd already have one, or already know they don't need one). you've really got to get to the point quickly and cover all the main bases in as few words as possible, as the hook. then & only then if someone's hooked will they take the time to read more.
same goes for the video. you've spent 2 minutes going on about *you* first, then the product, and even then the product description is worded in highly relative terms (comparison to the 1480A & 2500A) - that reassurance/low-risk stuff can be mentioned only very briefly near the end, and elaborated in the text. I think you need to completely re-do the video, and ideally call upon the help of a more visually-oriented friend who can do some basic video production on it. SHOW US THE PRODUCT! show us it in your hands, on your bench, connected up to something, show us the software, show us what it can DO, show us what it can do that software-only tools can't, and do it quickly - short n sharp! turn it around - make it almost all about the product & what it can do for the neophyte, the software person, the person who's been struggling with software-only tools. you've come at this from *your* perspective, instead of the perspective of the people you're trying to attract - that won't work. sell the product, not the reason why you're here (if you must do that, then leave it WAY down in the text).
i also think an "open interface or plug-in architecture that allows people to interface to it to add their own triggering/logging/decoding functionality" is critical, and that includes making the place for that community to come together to learn about how to use this product & contribute & collaborate. you don't have to give away the keys to the kingdom by FOSSing the whole thing, just give people the environment/place & material (& API) they need to do what they need to do. then & only then can magic happen.
but my bigger concern is your marketing and economics. unfortunately i don't have any real advice here, just 'concerns'
your KS page points out how the 'big guys' have already slashed their prices, and slashed them again, basically in an attempt to kill you. your KS page basically says their tactic is working. and that sux, it's the story of ten thousand midnight engineering projects that actually achieve the almost-impossible but can't fly because of... (in your case, a very limited sized market who need a h/w USB analyser, & only 1 person developing it). the big guys have a shelf full of higher end products that they're still asking tens of thousands of US$ for, which is the fat they get to afford to sell their low-end stuff so cheaply to kill you & still keep their business running & developing new products.
can they slash their prices again & totally frak up your 'last ditch' economics? ...& leave your backers AND your existing/older customers with a dead end product when ITIC goes under? my 'gut feeling' estimate is that a 1-off injection of funds, and as you say, after taxes/etc just ~$60k, isn't going to be enough to see you through, unless you do a series of KS campaigns to do incremental development, but then you face backer fatigue, and a precarious existence, and pissed off customers waiting for "that decoder I needed 6 months ago" but who didn't have the means with which to do it himself.
I think you need more help than just more customers via KS. getting the buy-in of backers is only part of it (as well as the PR during the campaign from places like this & all the hobbyist/maker/tech-media/EE sites, & even that is a massive undertaking - once you push the go button on your KS, you need to be flogging this thing with your last breath every day in every PR channel available, & you need to have all that PR material ready before you start. have you been to any of KS's workshops for prospective campaign runners?).
but most of all i think you need 'community' to help with the software (plug-ins), because if one thing is crystal clear now in this FOSSy world, if you let your backers/customer take part in the development (the decoder plug-ins etc), then that mushrooms - when the next Joe comes along who needs something similar, he makes some mods to something someone else has already done, he's happy & tells his friends & blogs about it, & his work is now up there for the next person to stand upon. this FOSS philosophy is foreign to your (and my) generation's way of thinking. embrace the power of community, give them what they need to do what they need to do, and they will embrace you & be your greatest advocates.