The termination character issue was in sending commands? If it was a problem with reading bytes, did you try the IMAQ read serial bytes VI? My cameras do not use a termination character so I don't have this problem.
As far as calling the DLL goes, you should be able to use the code interface node to call that DLL and wire your serial command string bytes into the code interface node (after selecting the proper send serial function in the code interface node).
Sounds like the bitflow framegrabbers work with labview ok though. I was just shown the Karbon-CL which will do 4 base cameralinks simultaneously from one framegrabber; pretty cool.