Does this mean that only the current release receives updates (including security updates) and fixes while older/all other versions do not?

Quoting from the openwrt website https://downloads.openwrt.org/

" Historic Releases

The releases linked here are mostly for historic interest - they are long out of date and completely unmaintained. "

But on the Table Of Hardware, many older versions are recommended.

A related question is asked here (OpenWRT and Current Release Support) but it does not address this.

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