Howard,
I am glad for your interest in using the Simulation Module. Just to be on the same page, what is the version of that you are using? Before LabVIEW 8.5, we had the Control Design Toolkit and the Simulation module separate as two different packages and now we merged creating the Control Design and Simulation Module 8.5.
If you have the old one, then you could create a Symbolic Transfer Function that you can parameterize like " a^2/(b/m*z%2+c)" where a, b, m , c are elements that you can modify. To create it as discrete, just enter a value of the sampling time. After that, you can use the "Discrete Transfer Function" to implement this.
Let me know if you need more assistant. If you provide me with the version that you have, I can send an example....
Barp - Control, Simulation, RTT and HIL - National Instruments