PS4 5.05 cfw to 6.72 cfw

Hi, my PS4 is on 5.05 with cfw support, I've heard that the new 6.72 webexploit recently got released, is this for real? If so, is it a good idea to update? Like does the webexploit lack any abilities that the 5.05 cfw has?

I've only used my PS4 for around 20 hours playing RE7 VR, since the firmware limitations on game support, and not being able to play later firmware games on original disc, I've just been playing my switch and pc steam games.

Thanks for any advice and help.