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I have had some “issues” with FTDI programmers supplying 3.1 Volt instead of 3.3 Volt.I have been able to run and program the chip on 5V without issues BUT this is at 80 MHz and 26 Mhz Clock speed. So lowest settings.OTA works great with version 0.2.7 of the ESP8266 library. The lower versions have DHCP issues if you ask me.My latest project is a Clock that uses NTP and can determine DST. It then controls a Neopixel Led strip.