Between those snapshots you might have bleeding edge updates for all the packages, but even then I do encounter package conflicts way too often. Well, on the upside, at least they are detected.
So yes, it is stable, but it comes at a price.
Apart from that, the community support felt mediocre, at least a few years ago. The most visited platform was a bulletin board forum with very little interaction. When I had trouble installing KDE, it took a few days until someone suggested the correct diagnostic tools. This is bad for being the testbed of a commercial distribution. In the end, I just installed Arch, which packaged KDE better than Tumbleweed did.
But on the other hand, maybe only if you use a distro long enough, you get to see the downsides, and each one has them.