MySQL 4 - Is it Stable?

Shaklee3 asks: "I have been running version 3 of MySQL on the company's website for quite a while now. We recently ran into a problem where we needed the new features of version 4 that uses the UNION clause. We are running FreeBSD 4.6-STABLE and Apache 1.3.26. I know they reccomend not using it in a production environment yet, but from what I hear it is already being used on a few major websites. Does anyone have experience with version 4, and is it stable enough to run on a high traffic site?" If you feel MySQL isn't ready for prime-time, where specifically do you feel it needs improvement?