Hi Slava, 

Great question. 

I may be contradicted from other directions here - but for my part, I would say 
you a much better off always going with the latest version of Magnolia. We are 
5.3.4 right now. There are lot of technical reasons why this is a better 
product than out e series - but there are good practical reasons also (Forum 
support etc.). We still have clients on the 4 series, but most are migrating to 
5. 

Final word - if you are starting a new project - start with 5! 

GS

-- 
Context is everything: 
http://forum.magnolia-cms.com/forum/thread.html?threadId=3e9721e2-e71b-4b5c-9507-6cee5b3c779d


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