If the dll is like any other dlls, you should not have a problem. Also note that with LabVIEW 8.20, there is a DLL import Wizard to easily create VIs from the functions in a dll. This will reduce the development time by ALOT!!!!
Take a look at this tutorial:
Integrating External Code With The Shared Library Import Wizard
http://zone.ni.com/devzone/conceptd.nsf/we...6257184006BBB7A
Hope this helps,
Vincent