The >VALUE field that we added to our package and symbol is also very useful, but it is disabled by default in the device editor (meaning that it can't be edited in the schematic via), and should generally be enabled so that the end user can update it if necessary.
If you don't enable this option, all parts will use the device name as the default text for >VALUE, so it's generally a good idea to enable it. There are often variations of packages, and enabling this option allows end users to specify the exact part they intended to use!
This guide was first published on Apr 22, 2013. It was last updated on Apr 22, 2013.
This page (Enabling the Value Field) was last updated on Oct 25, 2020.