National Instruments will not be implementing this idea. There is no major feature development planned for the Installer build spec in the manner that would be required to implement this request.
Note that the requested functionality is provided by the Package build spec when building a Package Installer.
When creating an installer for my built LabVIEW application, I really dislike having to choose between including the RTE installer (and having a 100+ MB installer for my application) or not including it (and requiring my users to download and install the RTE as a separate step). Typically, I'll build two installers at the same time (with roughly duplicate build settings): a full installer w/ RTE and a light installer w/out the RTE.
What would be much nicer would be if my app's installer were able to download and install the RTE, if necesary. Actually, this is common practice, these days, for users to download a small installer that then downloads larger installer files behind the scenes.