Save for a previous version of Premiere
Ability so save a project for a previous version of Premiere. The same way After Effects does.

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Jeffrey Fust commented
Great idea!
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Reilly Lievers commented
Totally agree!
FYI I found this today and I am sharing it everywhere I can!
http://www.joshcluderay.com/downgrade-premiere-project-converter/
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Reilly Lievers commented
I agree that this would be amazing!
FYI You can use this tool as well http://www.joshcluderay.com/downgrade-premiere-project-converter/ or manually revert it with the instructions in this post - https://video.stackexchange.com/questions/3804/how-do-i-downgrade-an-adobe-premiere-pro-project-file-to-open-in-older-version/21365#21365
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Andrew commented
We should be able to save down to the last version of the software and here's why.
• RISK: installing and working only from the latest version of adobe software is very risky with all the hidden bugs that happen every major update.
• FILE SHARING: not everyone takes said risk and works to the latest update.
• FILE RECOVERY: like the situation I'm in now, I worked 20 hours on a project that only now will crash every time it's opened. I have a minute which would be long enough to save a file but is not workable.
• PROMOTES STAYING UP TO DATE: if users can save down, the risk is lessened and promotes more users to provide valuable user data.
Saving to XML: This option does not save applied effects reliably which can mean hours added to the project deadline.
This feature has been needed and requested for over 3 years now. Other adobe softwares have had this feature for over 10. It's time...