Yes, releasing a new release every week is more important than being to debug, profile, and understand your application.
Also, this is going to be an issue for Node core too eventually, unless they plan to stay on an old version of V8 indefinitely.
Not sure what you're referring to about DTrace issues in IO.JS, could you provide some guidance?
The problem is haphazardly upgrading the V8 version without thinking about the consequences. This is not how you do release engineering, especially since io.js is advertised as stable.
Stable doesn't mean "it works for me", it means you provide some formal guarantees to downstream consumers about the stability of exposed interfaces.
I'm very well aware that some (most?) people don't care about things like good introspection support and stability, but it's pretty pathetic to see factual information being downvoted because people don't agree with the message.
They favoured the many (who would use the new V8's features) over the few (who valued DTrace etc)
I haven't heard any real claims as to IO.js instability, and have been using it production at scale for several months myself.
I'm able to debug, profile and understand my application just fine under io.js. You don't need DTrace or MDB to do this.