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They're on version 26 already? Definitely doesn't appear as polished or featured as I'd expect.

They moved to "model year" style versioning.

Does this versioning style work at all? It always feels extremely gimmicky and quickly abandoned as software is going to slip sometimes.

It’s actually version 2. Apple switched to using car maker style year numbers for their entire OS lineup, so everything is “26”.

It’s version 3. 2 was last year; 2.5 just released