I have exactly the same behavoiur on my "a bit bigger" project.
(Scope, xy-scope , fft in one program with up to 8ch)
It is slow on any machine (I tested 4 different pc´s) and it slowed down after my upgrade from 8.01 to 8.20
Creating an Local Var from a Control takes about 8seconds.....
If I open an new VI with the project loaded its fast in the new vi and slow in the topVI of the project.
I sure need help!
Please give some more Info on this subject.
thanks
tom