Using LabView for developing an avionics system.

[Bodypilot]

Hi there,
I'm thinking of using LabView to develop a pitot-tube system as a graduate
project but, since I've never worked with LabView, wondered if this is
possible.
Here's what I plan to do:
A pitot-tube is basically a tube somewhere on an aircraft used to record
static- and dynamic pressure. Airspeed, current altitude and rate of
climb/descent can be derived from these pressure readings.
The plan is to link two pressure sensors (one to record static pressure and
the other to record dynamic pressure) to a LabView application. In addition
to this a rotateble part of the system (not unlike a wind-vane) has to be
fitted with a sensor, which can measure angles to record "angle of attack".
Since this system will be used by sky
divers to measure the performance of
parachutes it has to be small, lightweight, energy efficient (possibly run
on a laptop battery?) and be able to store data either locally (preferred)
or send data to a ground station via a data-link.
Questions:
1) Can LabView be used for this application and if so, what LabView modules
should I consider?
2) Are the sensors mentioned above which are currently on the market small
and energy efficient enough?
3) What hardware would you advice me to use?
4) How much would this hardware/system cost?
5) Should the LabView application used to collect the data be an *.exe
running on some kind of portable computer on can I use an EPROM for that?
6) Can someone who's not particular good at the "conventional" control
systems engineering (i.e. MatLAb, Simulink, Laplace-transforms and modeling
in the frequency domain) build this system or is this kind of knowledge a
prerequisite to using LabView to build this system?
I'm really interested in learning to use LabV
iew so any respond is welcomed,

Bodypilot
The Netherlands.

[PdB]

Bodypilot,

This is the 3rd posting of your question in the last few days. Have you looked at the answers?