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A known bug beats an unknown update in a whole lot of enterprise use cases. This drives devs insane but it is true.

Yes, there's substantial value in being able to have a specific bugfix and not have to upgrade an application and a ton of dependencies.

Or not even a fix. A known bug can be mitigated or worked around. Predictable is better.

It’s a limitation in SemVer too. Fixing a bug in a point release (e.g. keeping the api the same) could still result in undesired changes.