In my experience across multiple machines recently this behavior is NOT working. In the first place it is rather annoying that the control panel will no longer update itself, but that I instead have to go login to telerik.com and manually download the latest version. But the downloaded control panel installer is NOT installing itself at all, it is simply running in place from my downloads folder. Even though I use it to install updates to existing installed Telerik products the control panel update is not getting deployed to the system. When I run the icon from the start menu the deployed version is still the "too old" version.
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