Version String are now inspired by how Emacs itself numbers its version. First is the major version number, then a dot, then the minor version number. The minor version number is 0 when still developping the next major version. So 2.0 is a developer release while 2.1 will be the next stable release. Please note that this versioning policy has been picked while backing 1.2~dev, so 1.0 was a "stable" release in fact. Ah, history. In addition to the version, you can also get the exact git revision by running M-x `el-get-self-checksum'. You should provide this checksum when seeking support or reporting a bug, so that the developers will know exactly which version you are using.