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Can any one enlighten me on the issues regarding Magento? For example, language issues, compatibility issues, versioning issues, etc.

A: 

The Good: - Very expandable (modules and themes) - Includes ability to override core classes. - Multisite for lots of stuff - Plenty of Modules available

The Bad: - Complex - Slow - Documentation (you better be able to read complex code) - Upgrades between major versions can be a pain, yet you need to do them to fix bugs. - Needs lots of memory for larger stores

AlReece45