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This is an *alpha release*, expect things to break, crash, and generally not work very well. This version is being released to gather feedback from the community and to weed out the major bugs before entering the true beta period. There are many features that have not been completely implemented at this point and there are still some edges that will need to be smoothed out prior to the final release. A few major features are not implemented, ncluding msfweb's exploit mode, some levels of session interaction, and the more user-friendly scripting APIs.
Thanks for the heads up horse!