I installed Local 5.0.4 Beta, and it doesn’t work with Local 3.3.0, there are two major issues:
When I create Local 5 website, it adds entries to hosts file (this is Windows 10), but it removes all Local 3 created hosts entries.
Local 5 entries in hosts file are all pointing to 127.0.0.1 so it is in conflict as it looks like with other environments (I use XAMPP) that depend on this IP also. Why Local 5 uses 127.0.0.1, and not some other IP like the Local 3.3 does? This is a major issue if there is another environment set up.