You should verify everything I say with NI but,
I bebelieve that given the appropriate hardware, LV RT can collect data at 10MHz and 250KHz, Yes.
But you can only expect the loop that is collecting the data to respond at 40KHz. This means that if your process will allow you to read 6-7 saples of the 250 Khz data and process the data in small chunks, LV RT is a good choice. Likewise for the 10MHz data.
LV RT will give you determinism, not speed. Think about it. A normal PC just has to keep the screen looking right to do its job. That is a refresh rate of 30-70Hz. LVRT will do about 40KHz deterministically.
Again I ask, does your proccess require you respond in 10 nsec?
Ben