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Re:A first look at Unreal Engine 5 by tekknik on Wednesday May 13, 2020 @09:00PM (#23173901)
This isn’t true, they encourage you to run source builds instead of the editor and you are free to modify the engine for your projects as needed. In fact they’re even generous enough to allow you to post up to 30 lines of engine code in public forums.

https://www.unrealengine.com/en-US/eula/publishing

Re:A first look at Unreal Engine 5 by grogenaut on Wednesday May 13, 2020 @11:11PM (#23174853)
that in no way makes it "open source" in the common use of the term.
Re:A first look at Unreal Engine 5 by tekknik on Thursday May 14, 2020 @08:38AM (#23178709)
Hmm, rereading my comment...nope didn’t say anything about it being open source....said something entirely different...