I was one of the original developers of ViP -- it was a great product!
ND6 has an option to Recompile All LotusScript in the database on the new Tools menu. While it's not as granular as the design element, it does allow you to do a bulk recompile of the application and detect errors across elements.
Dig Deeper on Lotus Domino Designer
Related Q&A from Maureen Leland
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