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I used to understand "beta" as "feature-complete". Web applications rarely are ever feature-complete and rather evolve slowly with time. So does "beta" have any specific meaning with them or is it just a gimmick?
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It's a pre-emptive disclaimer. "Go ahead, use it, but go easy on us if something collapses into itself and becomes a black hole."
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In web 2.0 it does seem to mean nothing at all.
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