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Beta really doesn't have anything to do with how many bugs a piece of software has. Instead, it's just a designation developers use to tell the public that the software isn't complete yet. In many instances, the last "beta" version a company realeases is identical to the final "gold" version. The main reason for the beta designation for the Stamp software is that it doesn't include syntax highlighting, a feature Parallax promised for the official 2.0. Therefore, to keep their version numbers sane, they just slapped an alpha/beta on these pre-releases. They could have just as easily been called "preview" releases.
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