Absolutely! I’d suggest holding on to the iOS 14 b1 .ipsw file in case of any issues. I’ve been able to go back to a previous beta before because of issues. I’d assume this go around won’t be any different.
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It is possible some devs will open up a TestFlight build for people, too. Last summer I was able to get in on some TestFlight builds for a few apps I use more than most. Not only was I able to provide some needed support, but I was able to use a few new features.