I install 3 versions of RM on my computer:
-- RM3 because I like the Place Finder, a database of US cities, counties, and states
-- RM6 because I store my Publisher "template" book there
-- RM7 for all current work
The Place Finder is a handy and speedy lookup for place data, and it allows me to maintain my place descriptor format, which County Check does not (at least not without trying to strongarm me into the "place standard" that County Check follows.) The Place Finder was dropped for RM4, but it really is a wonderful tool.
My Publisher "template" is not a true template. I cannot copy & rename it to save myself tons of repetitive work with every new book. Instead, it is an organized collection of info to be copied/pasted into each new Publisher book. Still an inefficient way to generate new books, but far better than entirely re-inventing the organization and typical paragraphs
I have, occasionally, had versions of the same database open in both RM6 and RM7. I always make a separate copy (in Windows) into the RM6 folder before opening the database in RM6. RM (which is an SQL database implementation) is NOT designed to have multiple users, so opening the exact same file in RM6 and RM7 simultaneously could cause file corruption.
I have one set of subfolders for my media files. There is no problem with this approach, because RM does not store the media files, it maintains a list of links to the media files.