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Check out this video on Automating Creo Parametric from PTC Application Engineers
Presenters: Lino Tozzi (Technical Specialist, Fellow) and Tom Quaglia (Creo Segment Sales).
Webcast Q&A
Question from Calvin: Option Modeler - is this available in Creo 8?
Answer: Yes, it is available for Creo 8.
Webcast Q&A
Question from Charles: What happens with these "partners" go out of business or decide not to support Creo or even decide not to continue to update to the latest Creo version?
Answer: The end result of the work here is just a Creo assembly as if you built it manually. Smart Assembly only works with Creo. It should work with your current release of Creo indefinitely.