MT5 , To be or not to be , It's the issue

In a nutshell, here are the improvements I have seen Metaquotes list regarding MT5:

1. Ability for MetaTrader to handle more products such as options, futures, and stocks (in addition to forex).
2. Depth of market feature, which is necessary for working in the stock market
3. Additional execution type created for stock trading
4. Notional position management, which seems created to work with FIFO order management
5. Additional charting analytics and more efficient data management
6. Improved MQL for faster processing and easier to use EA's
(Source: MetaTrader 5 Client Terminal / Forum: Forex Trading with MetaTrader 4 )

My thoughts on MT5:

It seems like a natural progression for Metaquotes to expand the types of products their platform is capable of handling. With that, it also appears that there will only be one possible position per symbol. So no more position management if you have multiple positions in the same symbol. This will create problems for traders that are used to running multiple EA's or strategies on the same currency pair. Much the same as with the FIFO rule.

The additional changes that I think will be greatly beneficial are depth of market and improved analytics/autotrading. Active Trader Platform already displays level II type depth of market, and this will be a great feature to add into MT5. Secondly, with the possibility of more financial products, I hope that they enable the ability to create complex indicators or EA's which can pull data from multiple markets. The markets are very inter-connected, so allowing traders to create automated strategies that can take into account multiple products would expand the types of strategies possible.

I haven't seen any definitive decision on whether we will update to MT5 once it is released. There may always be a place for MT4 since many EA's are built for multiple position management.

Would be interested to hear everyone else's opinion on MT5 if you have read through the details from Metaquotes.