Before upgrading to Vault 2011 please wait the release of the “Inventor 2010 Compatibility Patch for ADMS 2011” to be able to connect to Vault 2011 (ADMS 2011).
This patch will be released soon, but the exact date is not yet fixed.
For mixing files between 2010 and 2011 there is no problem, but please note, if you save the files in version 2011 you will not be able open them in 2010 anymore.
Regards
Antonio Barroca
Autodesk Product Support
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Antonio Barroca
Product Support Specialist
Autodesk, Inc.