> From my personal experience the 'stable' releases are just to slow to keep up with the demands on frequency of updates.

You are missing the point that it's a desired feature of CentOS distro that is targeted at servers - stability is valued more over running the latest versions of some software that isn't tested over a long period of time and may or may not have bugs.

Most people use CentOS in servers because it provided a very easy migration "upgrade" in the future to Red Hat Enterprise Linux (CentOS is a near clone of RHEL, without the Red Hat branding). Now nobody will consider it anymore because the new CentOS is not tested for stability (using tried and tested bug-free softwares) and won't provide an easy migration path to RHEL anymore.