Sony has warned PS4 5.0 beta testers that updating to PS4 firmware 4.74 will result in several restrictions.
PlayStation 4 software update 4.74 was released for the public yesterday, and various beta 5.0 testers already reported various issues after updating to the latest firmware version. Some users even reported that they had to completely re-initialize their PS4 in order to get it working again. In an e-mail sent out to users participating in the 5.0 beta, Sony has now advised users to refrain from installing the 4.74 software update if they want to avoid experiencing several issues. You can read the contents of that e-mail below:
Updating from 5.00 Beta to 4.74 will result in the following restrictions:
You will not be able to revert back from 4.74 to the current 5.00 Beta. (You will be able to update to the upcoming 5.00 Beta 6.)The order in which content is displayed on the home screen will be reset.Download links on the home screen (such as for SHAREfactory or Media Player) that you deleted will be displayed again.Some items in [Notifications] will be deleted.Some items in [Discover] that you have already seen will be displayed again.Activities that were created and some settings you configured while using the 5.00 Beta will be stored on the PlayStation Network server. You may see notifications related to these activities and settings even after updating to 4.74.Games that were downloaded while using the 5.00 Beta may not start properly after updating to 4.74. If this happens, delete the game, and then download it againPlease refrain from updating to 4.74 and wait for the upcoming 5.00 Beta 6 update if you would like to avoid these limitations.
PS4 software version 4.74 is currently the most recent firmware version for the general public. The PS4 5.0 update will likely release in the coming weeks.