Thanks for the replies. I think the problem is with VISA. Earlier I was using python with the pyvisa libraries to communicate with the instruments (This was before installing LV 8). Now it seems I can't do it anymore. From the forum thread posted above, I see that I need to turn off VISA passport to communicate with the KUSB 488. I have no idea how to do that. Also the thread shows that the KUSB should show up in the VISA interactive control utility, which it doesn't. I still just see COM1 and LPT1. Please tell me how to turn off the passport thingy.
With LV7, I was able to clearly see the GPIB port. Could there be any conflict with the VISA drivers installed in LV8 with those present earlier? In my list of installed programs I see NI-VISA 3.4, NI-VISA 4.1 and NI-VISA server 3.4. Could this just be a stupid version conflict between 3.4 and 4.1.
Thanks a lot for the help
-Anand