Tool for showing difference b/w two simulink model
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K E on 29 May 2012
TAB's answer is right. But I wanted to mention: if the models are both simple and you know what change to look for (i.e. what term refers to a model component that you would expect would differ), the *.mdl files are ASCII files that you could look at with any text editor; you could search for the terms associated with the change that you expect between the models.