Jumping off of jQuery UI for a second, Do you "release early, release often" with all of your projects? What are your thoughts on that strategy?

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Speaking for myself, I often release too early. That has been a problem in the past, when we released versions as stable that weren't, for instance. So it's important to find a combination of both - a stable release must be stable, while development cannot be halted or blocked through stubborn processes. A labs section is great in that way - it allows developers to contribute freely and plan on an open canvas, with early preview releases, and the work can later be merged back.
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