Noob here. I just installed VDSP with a 90 day test drive license. My eval board has not arrived yet so I am not connected to anything. When I create a new project ADSP-BF512 is not listed in the Select Processor. (In fact none of the ADSP-BF51x appear).
Product info is:
Without doubt that was the quickest response from technical support I have every received!
Your version info (188.8.131.52) indicates you are using the base release, while support for the BF51x family was added in Update 4 (184.108.40.206). You can download the latest update, Update 10.1, from the link below.
A downloaded update can be applied by going to the VisualDSP++ Start Menu entry, selecting "Maintain this installation', and selecting "Apply a downloaded update".