We use Autodesk Vault mainly as a document management system. When changing a document from Released to Obsolete, the document is still available for download on the thin client, but the older released version. The thin client shows all historical states which was approved, but not the current state. One thing that would be a very nice feature is, whenever a document (or item) is made obsolete (or redundant), the file should no longer be visible to other users.
An interim solution I have found around this, was to make another folder in my project explorer, and changed the permission to have only me and a colleague the only two people able to view this folder. Although this takes up some time. An easier solution to "hide" all previous released versions would really be very nice.