Hello Scott,
There are really three different types of files you can write: binary, text, and datalog. Each has its own advantages and disadvantages. Depending on your needs, you can weigh these options for your application. Each will work with multiple plots and channels. Another discussion forum posting gives a great list of the advantages and disadvantages of each method. This porting can be found at:
http://forums.ni.com/ni/board/message?board.id=170&message.id=88187&requireLogin=False
Thanks,
Caroline
National Instruments
Thanks,
Caroline Tipton
Data Management Product Manager
National Instruments