The "Property Profile Pane" -- where's it gone to? -- or, should profiles be avoided completely?

[Nicolas Cueto]

Did not know until a week ago anything about the concept of LC profiles, as
in revSetCardProfile, revSetStackProfile, or revSetStackFileProfile.

So, looked at the LC doc and found this: "You create a profile for an
object, and give it a name, using the PROPERTY PROFILES PANE in the
object's PROPERTY INSPECTOR."

However, even with the example on the LC wiki of an image showing this pane
<http://livecode.wikia.com/wiki/Property_profile?file=Profile.png> ,
neither on Mac or Windows 8.1.8, and neither in the Property Inspector or
any other LC menu couId see anything called PROPERTY PROFILES PANE or
resembling what that image shows.

Then, searching the LC forum, in the thread Creating property profiles
<http://forums.livecode.com/viewtopic.php?f=7&t=18904&p=95314&hilit=property+profiles+pane#p95314>
(2014.01.25),
Jacque wrote "The "create profiles automatically" option is in LIVECODE
PREFERENCE in the PROFILES PANE."

However, not only does Jacque's profile pane look nothing like the Wiki
image's, but the former only allows naming the "master profile" and has a
checkbox for "Create profiles automatically".

Is this a LC version problem? Or is it it simply that I don't know how to
work with profiles?

If the latter, I'd sure appreciate detailed examples of how to create a
couple of profiles, and then implement them.

On the other hand, in the LC forum thread Property Profiles and
revSetStackFileProfile
<http://forums.livecode.com/viewtopic.php?f=9&t=5234&p=23573&hilit=property+profile#p23573>
(2010.04.23),
Klaus warns against using profiles and instead use CustomProperties and
CustomPropertySets. He even offers a sample stack
<http://www.major-k.de/staxx/cp-sets1.mc.zip> "CP-Sets1" (scroll down the
page) showing how that works.

So, my other question is, avoid profiles completely?

--
Nicolas Cueto