Makes no sense for me to use an older version, like, at all.
Well it might depend on what 'value' you give to those updates? I have an issue 'as is' with exocraft and their indiscriminate environmental destruction just from using them, that having a big stomping mech to destroy all the flora and fauna 'by accident' is just salt in that wound (like why would an 'explorer' that can discover and catalogue thousands of life-forms be 'ok' with wanton destruction of that life? It is so discordant to be game immersion breaking, but the MP 'kill it all' crowd do not even consider this sort of depth of thought).
Or adding a rip-off horror System Shock 2-a-like aspect, in a game that originally was about exploration and wonder at the sheer beauty of the universe?
Or adding zillions of updates for just the MP side of the game i never want to play, let alone connect to a server that will 'pollute' my game universe with the other players 'good ideas' (ie not good ideas)?
Measurable 'progress' is not a linear line. Just because something is new does not make it factually 'better' (Windows 10 over previous Windows for example), and as often been the case with NMS since launch every new update/patch would be mix of good ideas and bad ideas.
It just so happens to me and my specific value that i give NMS as a game (and concept) ALL the focus on MP has degraded the overall original games amazing ideas, mostly.
So yes an older version can have more value than the latest, which is why i absolutely play (modded) an older version of NMS.