Are people using formal Version Control systems for embedded
> applications? If you're using something other than a nightly backup to
> the network server, I'd like to know what it is. Might want to
> formalize something where I work
There's nothing special with embedded applications here. It's just source code and it does not matter what source code (from CAD files over hardware and software sources to documentation).
Usually CVS is the tool to use here.
Regards, Mario