If you're a developer and you use Android Studio in any capacity, you might be happy to hear that Google has today launched Android Studio 1.5 in beta. Google says that the beta release isn't that much different than Preview 2 (except a few bug fixes, of course), and it's worth mentioning that Preview 2 wasn't all that different than Preview 1.
You can update your current 1.4 installation to 1.5 beta by using the built-in patch mechanism, Google says, but you may not want to do that as it will completely replace your stable installation with a potentially less-reliable beta version. If you download from the Preview 2 page, you can keep 1.4 and 1.5 installed side by side — which might be best option regardless.