diff --git a/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/CheckForUpdateResult.java b/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/CheckForUpdateResult.java
index 1178f7dfbd96..4d5b99cb980d 100644
--- a/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/CheckForUpdateResult.java
+++ b/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/CheckForUpdateResult.java
@@ -34,8 +34,8 @@ public class CheckForUpdateResult {
   @NotNull
   private final Collection<UpdateChannel> myNewChannels;
 
-  @Nullable
-  private final List<String> allChannelsIds;
+  @NotNull
+  private final List<String> myAllChannelIds;
 
   @Nullable
   private UpdateChannel myChannelToPropose;
@@ -48,11 +48,11 @@ public class CheckForUpdateResult {
 
   public CheckForUpdateResult(@Nullable UpdateChannel updated,
                               @Nullable BuildInfo newBuildInSelectedChannel,
-                              List<String> allChannelsIds) {
+                              @NotNull List<String> allChannelsIds) {
     this.newBuildInSelectedChannel = newBuildInSelectedChannel;
     myUpdatedChannel = updated;
     myNewChannels = new ArrayList<UpdateChannel>();
-    this.allChannelsIds = allChannelsIds;
+    this.myAllChannelIds = allChannelsIds;
     this.state = UpdateStrategy.State.LOADED;
     this.error = null;
   }
@@ -60,7 +60,7 @@ public class CheckForUpdateResult {
   public CheckForUpdateResult(UpdateStrategy.State state, Exception e) {
     this.newBuildInSelectedChannel = null;
     myNewChannels = Collections.emptyList();
-    this.allChannelsIds = null;
+    myAllChannelIds = Collections.emptyList();
     this.myChannelToPropose = null;
     this.myUpdatedChannel = null;
     this.state = state;
@@ -89,9 +89,9 @@ public class CheckForUpdateResult {
     return myNewChannels;
   }
 
-  @Nullable
+  @NotNull
   public List<String> getAllChannelsIds() {
-    return allChannelsIds;
+    return myAllChannelIds;
   }
 
   @Nullable
diff --git a/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/NewChannelDialog.java b/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/NewChannelDialog.java
index 0387dd824cb5..bddf82add041 100644
--- a/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/NewChannelDialog.java
+++ b/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/NewChannelDialog.java
@@ -15,11 +15,13 @@
  */
 package com.intellij.openapi.updateSettings.impl;
 
+import com.intellij.ide.BrowserUtil;
 import com.intellij.openapi.application.ApplicationNamesInfo;
 import com.intellij.openapi.ui.DialogWrapper;
 import com.intellij.ui.LicensingFacade;
 
 import javax.swing.*;
+import java.awt.event.ActionEvent;
 
 /**
  * @author yole
@@ -34,6 +36,21 @@ public class NewChannelDialog extends DialogWrapper {
     setTitle("New " + ApplicationNamesInfo.getInstance().getFullProductName() + " Version Available");
     initInfo();
     init();
+    setOKButtonText("More Info...");
+    setOKButtonMnemonic('M');
+    setCancelButtonText("Ignore This Update");
+  }
+
+  @Override
+  protected Action[] createActions() {
+    Action remindLater = new AbstractAction("Remind Me Later") {
+      @Override
+      public void actionPerformed(ActionEvent e) {
+        UpdateSettings.getInstance().forgetChannelId(myChannel.getId());
+        doCancelAction();
+      }
+    };
+    return new Action[] { getOKAction(), remindLater, getCancelAction() };
   }
 
   @Override
@@ -62,4 +79,10 @@ public class NewChannelDialog extends DialogWrapper {
     }
     myInformationText = builder.toString();
   }
+
+  @Override
+  protected void doOKAction() {
+    BrowserUtil.launchBrowser(myChannel.getHomePageUrl());
+    super.doOKAction();
+  }
 }
diff --git a/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/Product.java b/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/Product.java
index 8890f19d8a76..56ae855dc317 100644
--- a/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/Product.java
+++ b/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/Product.java
@@ -69,4 +69,12 @@ public class Product {
   public String getName() {
     return myName;
   }
+
+  public List<String> getAllChannelIds() {
+    List<String> result = new ArrayList<String>();
+    for (UpdateChannel channel : myChannels) {
+      result.add(channel.getId());
+    }
+    return result;
+  }
 }
diff --git a/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/UpdateSettings.java b/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/UpdateSettings.java
index bb193c4db42b..6c333e8fddd5 100644
--- a/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/UpdateSettings.java
+++ b/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/UpdateSettings.java
@@ -92,15 +92,17 @@ public class UpdateSettings implements PersistentStateComponent<Element>, UserUp
   }
 
   @Override
-  public void setKnownChannelIds(List<String> ids) {
+  public void setKnownChannelIds(@NotNull List<String> ids) {
     myKnownUpdateChannels.clear();
-    if (ids!=null){
-      for (String id : ids) {
-        myKnownUpdateChannels.add(id);
-      }
+    for (String id : ids) {
+      myKnownUpdateChannels.add(id);
     }
   }
 
+  public void forgetChannelId(String id) {
+    myKnownUpdateChannels.remove(id);
+  }
+
   @Override
   public List<String> getIgnoredBuildNumbers() {
     return myIgnoredBuildNumbers;
diff --git a/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/UpdateStrategy.java b/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/UpdateStrategy.java
index 710516b33a93..a160212ada14 100644
--- a/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/UpdateStrategy.java
+++ b/platform/platform-impl/src/com/intellij/openapi/updateSettings/impl/UpdateStrategy.java
@@ -20,7 +20,6 @@ import com.intellij.openapi.util.BuildNumber;
 import org.jetbrains.annotations.NotNull;
 
 import java.util.ArrayList;
-import java.util.Collections;
 import java.util.List;
 
 public class UpdateStrategy {
@@ -61,7 +60,7 @@ public class UpdateStrategy {
       }
     }
 
-    CheckForUpdateResult result = new CheckForUpdateResult(updatedChannel, newBuild, Collections.<String>emptyList());
+    CheckForUpdateResult result = new CheckForUpdateResult(updatedChannel, newBuild, product.getAllChannelIds());
 
     UpdateChannel channelToPropose = null;
     for (UpdateChannel channel : product.getChannels()) {