Yes that's the latest version. However, you need to understand its advantages before you kick it. But .. it if is too basic for you ... then I'd recommend LW 4. Normally I'd recommend LW 4.16 over 4.18, especially when downgrading, however .. for 4.16 you'd need to verify to me you are a pro user. (did I just say that). Only 4.18 is available for pro users to downgrade to on their pro download page.