Here is a new tip about switching over from PowerShell V2 to V3 and vice-versa:

PS console:
If i open a PowerShell V3 Console and run the below command it switches the powershell version to v2.

PS C:\Windows\system32> powershell.exe -v 2

And if i do the same thing vice-versa it switches again back to PowerShell V3.

PS C:\Windows\system32> powershell.exe -v 3

Tip: create a shortcut on your desktop with powershell -v2

I also confirmed the powershell version with PSVersion info in $PSVersionTable.

Using the #requires statement within PS script:

example: #Requires -version 2.0