jrs100,
Asuming you will be using an example program that ships with the NI-SCOPE driver, all you really need to do in order to graph chan 0 vs. chan 1 is to replace the waveform graph or chart (which will graph both channels with respect to time) with the XY graph that will graph X vs. Y. (the example pogram also needs to be using a multi read function to acquire from multiple channels)
As far as continuously acquiring goes, you are going to be limited with the 5102. There are a few example programs such as the Fetch Forever.vi, but the 5102 is not compatible with these VIs because it does not support multi-record acquisitions. The best solution for continuous with the 5102 is to acquire 1 large record for each channel, graph the data, and then initialize the board to acquire a new record. Of course, with this method you will be missing data from one acquisition to the other, but there is no way around that given the functionality of the 5102. Hope this helps.
Best Regards,
Jeremy R.
NI - Applications Engineer