Yes, relative minor update. Django is very mature and does most things needed, so there has not been need for major changes since about 2.0.
Django releases are now based on a schedule, so the 5.0 label wouldn't have been chosen because of significant changes.
But, I have observed that releases often look like this:
- X.0 Newer shinier features
- X.1 More refinement and minor features
- X.2 [LTS] More refinement and minor features
Which means if you stick to the point 2 releases you get longer support and subjectively more stability since the shiny new features have been polished over a couple of point releases.
But in reality these days, I think it's just whatever features are ready to ship for the scheduled release date.