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For the record, if you are in Desktop and your CRM Online tenant gets upgraded to 2016 (like ours just was), the new OData URL that you want is in the format:
https://[tenant].api.crm.dynamics.com/api/data/v8.0/
It should be the first one listed on the page in the upper left under the heading "Instance Web API" when you go to:
Settings | Customizations | Developer Resources
You may be tempted to use the URL that shows up as:
https://[tenant].api.crm.dynamics.com/XRMServices/2011/Organization.svc
Since the old URL was
https://[tenant].api.crm.dynamics.com/XRMServices/2011/OrganizationData.svc/
Don't do that.
The heads up portion, you are basically sort of hosed from what I can tell if you built any models out under the old version because it looks like all of the table names have changed, might be a complete schema overhaul, will let you know when I dig in a little more. For example, "OpportunitiesSet" is now just "opportunities" in terms of the tables. Columns, yet to be determined, but looks different as well.
As an update to this, the Content Pack in the Service no longer works with CRM Online 2016 tenants. Can't even get past entering the Service URL, tried all of the URL's on the Settings | Customizations | Developer Resources page, both OData and SOAP. Completely busted. Sadness...
Any joy - just ran into the same issue with customer... not sure I can believe what I'm seeing!
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