I have decided to fast-track 1.3 into release status, as currently Unity 5 compatibility is in Developer Preview 1.3 only. A lot of new Unity 5 developers are downloading the latest 1.2 release version and experiencing problems, which leaves a bad first-impression of the tools.
As a result, the promised text and translation features will be only partially completed in next release. I’m going to bump text and translation to 1.4, and bring some of the material changes planned for 1.4 down into 1.3 which relate to Unity 5 improvements.
There will also be a refresh on the documentation and tutorials for Unity 5, now that features like Deferred Shading are available to all.
Look for the release to be ready sometime within the next week.