Starting in Inventor R11 we were able to do feature suppression based on parameters values. Below is a simple example of using this trick as a quick way to capture a simplified version of a part without creating iparts or derived parts when trying to cut back on complexity.
Step 1 – Create user Parameter called “complex” and assign it “0″ as the value
Step 2 – Right Click on any feature where you want this setup and choose “Properties” and then configuration as shown below, using the “complex” parameter created earlier, repeat as needed.
Step 3 – Change the user parameter “complex” to a value of “1″, and there you go.
Link to Video
Kevin with the INCAT CAD Geeks