I see someone has downvoted my actually relevant post. Not sure why, but anyway.

I also tried out the behaviour of their example. Slowing the sync time down to 3 seconds, and then typing "Why not" and then waiting for it to sync before adding " do this?" on client A and " joke?" on client B. The result was "Why not do this? joke?" when I'd have hoped that this would have been flagged as a conflict. Similarly, starting with "Why not?" and adding both " do this" and " joke" in the different clients produced "Why not do this joke?" even though to me, that should have been a conflict - both were inserting different content between "t" and "?".

Finally, changing "do" to "say" in client A and THEN changing "do" to "read" in client B before it updated, actually resulted in a conflict in the log window and the resultant merge was "Why not rayead this joke?" Clearly this merge strategy isn't that great here, as it doesn't seem to be renumbering the version numbers based on the losing side (or I've misunderstood what they're actually doing).