It looks like we don't need to keep different files like on Windows 7:
speech 2012 rev 01.doc speech 2012 rev 02.doc speech 2012 rev 03.doc
So on Lion, we can just use "Save a version" and all versions will be there later on to "revert" to any version... The functionality introduced with Lion's "Save a Version" is cool, but what if we want to email somebody but don't want the earlier versions to be sent?
So are all the old version separate files in the hard drive? (then what if I want to clear those versions out to make space?) Or are those version embedded within the document? What if I want to email
speech rev final.pages to somebody and don't want to include all the versions then?