Values from remote stations needed within station logic require proxy points. For example, a math Average object that averages zone temperatures originating in multiple controller stations requires a proxy point for input to define the relevant (remote station) data source.
Point extensions under virtuals are not supported. This includes alarm and history extensions, although from a best-practices perspective, such extensions are often misplaced in proxy points.
Using virtuals on Px pages is recommended only after finalizing most other component configuration, including finalzing facets and the config flags of any (target) control points that will be incorporated. The reason is that the virtual ORD syntax used in a Px widget binding to the point actually includes that point’s facets and config flags (used at the time of widget creation), encoded into the (persisted) ORD itself. So, if a target point has a subsequent facets change, a Px page with a virtual binding to it may require re-engineering.
To summarize, here are some quick application guidelines for virtual components versus proxy points: