Rob, I am in amongst this same difficulty.
Where I am lost is how to get back to prior xcode versions, e.g. 7.0.
I have uninstalled Xcode 7.1 but cannot determine how or where to download xcode 7.0. Apple store only give me the latest/last download. Online there is a beta level only, as far as I can see.
As an aside set of issues….
About a year ago I felt really confident I knew all this stuff, now I am totally confused which Corona level, which Xcode and which target system. Your description begins to clarify what goes with what, but…
I simply want to develop an app that runs on a range of family devices at various IOS level [as you would for the market place]. Does this mean I have to create different Apps for different IOS versions now. e.g Create one app for ios 8.4, then create another app for IOS 9.0 and then another app for IOS 9.1 and so on?
In the past it would seem that an app could be somewhatt forward compatible as IOS upgraded, and still run ok. Is this now lost?
To do this now I would need back levels OSX, at least two or three versions on the same system.
If this is so, how does one person develop a range of apps on the same development system, or is that not possible now?
Amongst the error message is a note that says…'You should consider updating your version of Xcode or using xcode-select to enable a compatible version’ [updateing here is really means backdating],
_using xcode-select to enable a compatible version—_This may be the way forward but for the life of me cannot see where this xcode-select option exists.
Thanks