From Ignite this week it's clear that while Traps 5.0 and the online functionality is the 'future', it's likely recommended that you stay with Traps 4.1 on-site for the time being. That being said I did get confirmation that Traps will see updates monthly and a new 'feature heavy' update will be released twice a year. So it's comforting to know that they know they still have plenty of features to add yet.
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