Should I update Elementor, and if I do, will updating affect my current settings?
It is always a good idea to keep any WordPress plugin, including Elementor, updated to the latest version. New versions not only introduce new features, but they also fix bugs that may exist in previous versions. In addition, all WordPress plugins that aren’t regularly updated may become security problems in the future.
Current settings should not be affected in any way by an Elementor update.
The majority of the time, updates just work, and are beneficial. However, we highly recommend that you test the updates on a staging website before updating your live sites!
You should also back up your websites on a regular basis to avoid pitfalls. Updates are always tested on our end and by BETA testers but we cannot guarantee that there won’t be issues with some specific environments.
Most of the issues following updates are indeed not linked to the code added but rather to issues with specific environments, such as installs with conflicting plugins and themes or with server settings which prevent Elementor from working properly.