This would definitely be the easiest way to configure an application. The Configuration VIs allow you to access keys and sections much like reading through any .ini file. Depending on your application, you can define different sections for each case, and then read the proper section keys in accordingly. There are examples that come shipped with LabVIEW that show you how to write and read configuration settings files. Just search for 'Configuration' in the Example finder, and you should get back a couple of examples.
Jeremy L.
National Instruments
Jeremy L.
National Instruments