It is true that the Value property will give an error if you try updating it in Vision 7.0 - this will be fixed in the next version of the software.
In the meantime, the workaround is to use a global variable to pass images from one VI to another instead of the property node. Using a global variable works, but not in the same way as a reference or property node would. With a reference or property node, you can pass a reference of the control to a subVI and have the subVI update the control's image. Using global variables, the subVI will update the global variable with the new images, but you need a loop monitoring the global variable in your top level VI.
Hope this helps-
Julie S
Applications Engineer
National Instruments