Tools (SSMS, Agent, Profiler, etc.)
Include a configuration item in development environments (at the project level ) that allow us to select which version of SQL we are targeting (eg:, 2005 - Std or 2008 Ent, etc).
Options that are not supported by the targeted version of SQL, could be greyed out, with a tool-tip indicating that they are not supported by the selected target.
This configuration should be available in BIDS, as well as Visual Studio.