TextBox Update Event

c:/textbox#OnUpdate (NewValue /)
Can someone describe what NewValue contains after a key press. Does this event fire after each key stroke?
Thanks,
Jim

NewValue returns what was in the box before the key press. 
This is not what edit control update says:
"This event is triggered when the text in the edit control is about to change. NewValue is the new text."

Can someone relay an example of how this event is useful?

Jim

It's a bug, Jim. I've fixed it for the next build.

Thanks Owen.