Yes ofcourse all of you folks over there who are using old versios of 1.2, 1.3,1.4, 22.214.171.124 and 1.7 please welcome magento’s latest new version of 1.8, which focusses on providing better security and speed. We all have been some or other time tried our best in improving the speed of magento, now the latest version is answer to our prayers, only time will tell if it is really what they say! Security wise it is best for all to go ahead with the upgrade, because the latest version has addressed several security loopholes.
So hail the new version and let us keep working more on magento!
Have a good weekend folks!