Hi M_Sure,
I previously posted to add some information, but for some reason it got posted in the middle of the thread. Maybe you didn't see it because of this reason.
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Hi M_Sure,
Everybody is correct in saying that there is not an "easy" way of down converting a VI multiple versions. You can only save for one previous version, and continue this process iteratively. As newer versions of LabVIEW release, certain code is handled in different and more optimal ways. The process of downconverting to a previous version of LabVIEW is not an insignificant task. Also, there are many features in newer versions of LabVIEW that are not supported by previous versions. These reasons (and I'm sure there are others) are reasons why the "line" was drawn at 1 previous version. However, you could probably make a good argument for 2 previous versions. If you'd like to make a product suggestion on this, you can do so at the link below:
http://digital.ni.com/applications/psc.nsf/default?OpenForm&temp1=&node=
Hope this helps!
Travis H.
National Instruments
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Travis H.
LabVIEW R&D
National Instruments