What is version 4 status?

I want to start an alternative to all other bacups that I already have, so:

1) will it get to a status such as "_hopefully stable_" by the beguining of the year?
2) what can I expect from current 4 version:
        - will it blow up my PC?
        - may I loos everything and have to start over again
        - I could have a fixable intermitent problem

Or is it not usable for now?

thanks,
Alain
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