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Originally Posted by Dima65
Are 4.2 and 4.3 going to be developed and tweaked simultaneously, or is 4.3 going to replace 4.2?
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4.3 will replace 4.2.
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Originally Posted by Dima65
Is there any reason whatsoever to upgrade to 4.2 (once it's bug free), or just wait for 4.3 to become bug free?
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There are no reasons to upgrade your 4.1 stores to 4.2 right now except you really need its features.
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Originally Posted by Dima65
And when is that anticipated exactly?
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4.3 is planned to be released this spring. We do our best to release "bug free" versions in the first place, there will be no more "stable" and "current" versions of X-Cart.