- The intention of #7278 seems to be to deal with situations where `DEFAULT_VERSION` is ignored. The description of the fix relates to non-`None` values of `DEFAULT_VERSION`. - When `DEFAULT_VERSION` is `None` and `ALLOWED_VERSIONS` is non-empty, [the new code now raises 404](https://github.com/Kostia-K/django-rest-framework/blob/7050b4d36ecc3ce395bc097798af6bf9c99a28f0/rest_framework/versioning.py#L130). - In 3.14, `None` would be returned in this case. This suddenly raises 404 where previously the view was properly run. This is a regression that significantly changes the API. The change should be reverted.