Hello,
Yes, you can just read the physical channel in your LabVIEW program. In fact, most of the shipping example programs are written this way. For example, you might look at "Cont Acq&Graph Voltage-Int Clk.vi" With DAQmx, you use the DAQmx Create Channel VI to configure a task for a physical channel. The terminology has changed somewhat though. In DAQmx, this is still called a virtual channel although called a "local virtual channel." Creating a virtual channel in MAX where it can be saved for later is called a "global virtual channel." When using the DAQ Assistant, you're actually creating the whole task which includes timing and/or triggering configuration as well.
I hope this helps.
-Russell
Applications Engineer
National Inst
ruments
http://www.ni.com/support