Unreal Engine 4.7 Released!

If I where in your shoes, I would go ahead and start development on 4.7.5. That way when 4.8 comes out you will already have a start on your project. Things like static meshes and materials aren’t going to change much between versions so you wouldn’t lose much time. On the plus side, you will get some experience converting your project over to a new engine release (i.e. and that’s always good experience to have!)