This a quote from an
answer from Rodj that he posted in another context:
"The NI-735x motion controllers does support changing feedback on the fly. This is a new feature in the NI-Motion 6.1.5 update. You no longer have to disable the axis to change the feedback source. The only requirement now is that you are not performing a move. I have seen this used successfully in another application."
Unfortunately the 734x motion controllers don't support this feature. Still you won't have to reinitialize the controller to change the feedback source. You will just have to disable the axis, change the feedback source and reenable the axis again.
Best regards,
Jochen Klier
National Instruments Germany