An RF digitization and collection system (RFDCS) and methods for implementing the RF digitization and collection system to manage an application storage and retrieval space (App Space), wherein the App Space includes apps that may perform various offline and/or real-time transforms of RF signals received, stored, or played back on the RFDCS. Also, in the various embodiments, the RFDCS may govern the system resources available to these apps while ensuring that the RFDCS's core system functions are not impacted by the execution of one or more of these apps in the App Space. Thus, the RFDCS may enable users to utilize real-time signal processing by running various specialized apps without compromising the RFDCS's core system function, thereby promoting dynamic “on-the-fly” transformation of raw RF signals without compromising the user's overall experience.