Whoops, forgot my 5.1 roots. Sorry about that. The feature I referred to came about in LV6. It's a little more annoying in five.
You can, however, use an index array off of the channel names to get something similar. I dusted off my old 486 and attached an example based on yours (I cut off the Get Names, but you'll get the picture:).
Cheers!
~j5
2006 Ultimate LabVIEW G-eek.