Have I read that wrong?
Shouldn't that say,
"Technically, when you purchase the upgrade you're upgrading your existing licence and should'nt be giving or selling V5 to someone else?" You've put "should" instead of "shouldn't." Can you clear up that is what you meant to say to clear up any confusion for me please?
Can you also clear up why it would be wrong for me to give Version 5 to my son seeing as I paid for it as well as Version 4? l still have both versions and they both still work perfectly well.
I can't speak for VideoReDo, but I only paid full price for VRD4 and had to register it for a key. When I upgraded to VRD5 and later VRD6, I paid less than 1/3 full price for each upgrade and got new keys for each upgrade. One could argue that you only bought a full VRD4 program once and the add-on abilities contained in V5 & v6, not 2 more full licenses that could be transfered.
Another POV is that giving your version 4 to your son will create a new VRD user who will want to move up to the latest featured version eventually.
As to reliability of beta versions. I regularly move to the latest beta when available, have seldom had any problems and those were minor. What I use VRD for is pretty mainstream. I edit .TS, MKV and MP4 videos (rarely old AVIs) containing various AVC video types and MPEG, AAC or AC3 audio. Most of the issues I've seen raised in the Beta forums were due to working with more niche codecs, using old hardware or simply not understanding the VRD program (which I sure don't and probably nobody but Danr does given it's complexity)
I do use other programs to fill in VRD's lack of subtitle handling. (SubtitleEdit, CCExtractor and MKVToolNix Gui)
Also fall back on Handbrake sometimes when a source file has a particularly "non-standard" AVC codec that chokes VRD. Running it thru HB will clean it up and VRD can edit the recoded HB file.