Bleeding edge refers to technology that has been released but is still not ready for the general public due to the fact that it has not been reliably tested. Bleeding edge technology is released in beta to early adopters in order to smooth out compatibility issues, user interface problems and other underlying design flaws and bugs that slipped through early testing.
Bleeding edge is part pun and part ranking of the readiness of the technology for market. Bleeding edge technology is on its way to becoming cutting edge technology, after which it becomes leading edge as more companies release competing products. Finally, the technology becomes standard and everyone is on the look for the next big thing.
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