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Totally wrong. They are doing away with hooks. They are changing the way mods work. They are working with the mod developers to make an easy transition. I have v5 beta installed on a test site. I also have a beta of 2 add ons installed. There are plenty of v5 beta plugins already available.

I have converted one of my sites to IPB 4 with the idea to upgrade as soon as RC 1 hits.

One should speak only when they know all the facts.