Hello,
You can safely use the new launcher to launch older versions of Spine. I have been using it for the past months without problems 😃
You didn't ask this, but other people already did so I'll also mention it:
The beta version of Spine (v4) is out to let you test the new core features, but no runtimes are ready for it yet. Please always use the latest stable version in production, unless you're not looking to export for a runtime, but you want to export videos or images instead.
However if you work on your files with a stable version instead (such as v3.8.59), even with the new launcher, you should not encounter such problems.