What a slacker I've been! It takes a while after a good storm for things to return to normal. Anyway, here we go :)
So let me start by pointing out what I believe was an oversight in the 2009 Revit family of products. Before the advent of the View Cube/Steering Wheel, we used to click F8 or click on the "eye" icon to dynamically modify the view:
In 2009, the Dynamic View dialog has been replaced by the Steering Wheel. Instead of using the save button on that dialog, now you simply right click on the Steering Wheel (you can also click the little arrow at the bottom right corner or right click on the View Cube) and select the Save View option:
But what happened to the Undo button? Oops! It vanished. And no, the "Go Home" option only restores one home orientation for the entire project and not for each view. You can easily try this out by creating a couple of 3D views, setting them at different orientations, right click on the View Cube and then select the option Set Current View as Home. In one of the 3D views then select the Go Home option and you'll see that only one project-wide orientation can be set.
We absolutely need the Undo function back. If you agree, please submit a Support Request through your Subscription Center. Yes, I already did ;)
NOTE: Revit's help topic titled Dynamic View Tools in ViewCube and SteeringWheels suggest that the Rewind tool has replaced the Undo View Orientation Changes button. However, this is true as long as the view stays open. Once the user closes the view, Rewind history is lost and the only way to restore the view's orientation is to close the project and re-open (or re-orient and save).