V3 is a noticeable improvement over V2, with better consistency, improved color handling, and more flexibility when generating dragons and anthropomorphic variants.
That said, V3 is still a transitional version. While it performs well on most learned concepts, it can still struggle when pushed far outside its trained distributions.
V4 is planned to be the fully stabilized release, with broader coverage of dragon forms (feral, anthro, furry), stronger generalization, and more reliable results across a wider range of prompts.
If you are looking for the most polished and consistent experience, V4 is worth waiting for. V3 is recommended for testing, experimentation, and feedback.