Multi-functional elements are a special class of elements, the reliability model od which differs from the classical two-pole "on-off" model. A multi-function element can have partly false states in addition to non-false and false states. The multi-functionality of the elements leads to the formation of flexible, adaptable systems with reconfigurable structure, in which, in case of partial failure of the element, it is possible to continue the successful functioning of the system by redistributing the functions between the elements. In this paper, the properties of multi-functional elements and systems, assembled on their basis, reliability models and issues of optimal reconfiguration are discussed.