We've just released Android Studio 1.4 Beta 3.
This build contains a large number of bug fixes; we decided to reset the release branch to the dev branch to include the large number of high priority bugs and highly starred bugs we had fixed recently, including
Due to the large number of fixes, we're initially releasing this build to the Canary channel; if all goes well, we'll promote it to the beta channel in the next few days. Thank you for your feedback and bug reports so far!
If you are already using a 1.4 Preview/Beta build, you can use the builtin Update mechanism to upgrade directly to 1.4 Beta 3.
If you are using 1.3.1, you can also update via a patch, but, you may not want to do that; patch-updating to this new version will replace your existing stable installation with a preview version. Instead, you can download a separate installation of 1.4 from the Android Studio 1.4 Beta page. You can keep 1.3.2 and 1.4 Beta 3 installed side by side; they use separate settings and cache directories.
If you run into problems, be sure to check the Known Issues page which we'll update as necessary.
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