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XAML Hot Reload reflects the changes of the xaml code, it cannot work for the code behind. I tested the Edit and Continue function on Xamarin.Form and Xamarin.Android, both don't work. However, it works as excepted while debugging in a Console app, which means the function is not depreated. There may be a potential issue with the function on Xamarin part, it's suggested to send a feedback to VS community for a solution. Please see How to report a problem with Visual Studio - Visual Studio | Microsoft Learn.
Best Regards,
Jarvan Zhang
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