All the features will work in both games but still SQ42 will be the first game we will get to play properly.
Stretch goals are still nothing to do with how much the game will actually cost to make, the company never once stated that at all and never once said they had all the money they would ever need, a AAA title generally costs 100 plus million to make as it is and to do an MMO on top of that i doubt anyone would know how much it would actually cost.
The game takes as long as it needs to be developed, it cant take any less time than it needs. Ive been waiting decades already for a good space game whats a little more time. I doubt any other game company in the next 10 years will be making anything close to what they are doing with star citizen.
They promised a test version of the game to play and delivered on that promise, so its more than accpetable to put up with occasions performance issues on a developing game.
It doesnt say anything on the main website that they met all thier funding needs, a stretch goal is not an amount of money that means they have enough to make the game they want. Chris even stated it in the kickstarter that depending on funding they would have to choose what game they were going to develop.