Currently, when you attempt to swap libraries in Figma, you see a nice overlay window that displays which components the old library components will switch to. On occasion, if the component name has changed between library versions, Figma won’t identify the correct component to swap to and it simply says ‘No component found’ (or something similar).
It would be great if you could have the instance swap fucntionality here, so that you could manually select the component in the new library to replace the old one. I believe Sketch have something similar to this when switching libraries there.
This would be a huge boost for projects managing multiple versions of libraries and projects needing to swap between them.