Why hasn't this happened yet! I know this forum/idea already exists, which is why I'm confused it hasn't been implemented yet. It would appear the LabVIEW world wants this. Maybe it just needs to be brought up again and Kudo a ton. KUDOS!
Just click the link, I don't feel like reinventing the wheel when it comes to pictures and diagrams. However, I believe everyone agrees...definitely ignore the part about Inverting Controls/Indicators and Numeric Values.
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Duplicate of http://forums.ni.com/t5/LabVIEW-Idea-Exchange/Invert-Option-in-all-Boolean-Terminals/idi-p/1281058