I've actually seen a little more of this myself as I just installed X3 Studio and have been working with older files, I also had an Issue with one file and opened it in 8.5 and got that message about the 'created on a newer version", But the file opened anyways.
My observation:
CWP files: ( Using all 64 bit 44.1 files )
If they are from a older version and won't open, Sonar advised me to open in Safe mode, this seems to work. I found 80% of my 8.5 files open without issues, not sure what the difference is for the ones that require safe mode. Also not sure what safe mode changes as everything looks good and plays perfectly fine.
If they are from a newer version Sonar will warn me that some things may not sound the same and the file opens. If it does not then I would try safe mode.
Reading up on Bundle files, it seems they worked OK under XP but are unstable with W7. Something about mixing Audio file types within a project. Even stereo and mono?? Anyhow. no need to use them any more. I personally use a USB stick when working with people in my town. I guess over the internet would take a little preparing to make the file smaller.
Zip files can be used but there are also reports of errors coming up too but Rar. ely ( pun?)