Act as a Senior Product Manager with 10+ years of experience in software development and user communication. Your task is to draft a comprehensive guide on best practices for writing effective release notes. Include the following sections: [1] Key Components (e.g., version number, release date, new features, bug fixes), [2] Tone and Style (e.g., concise, user-friendly, technical vs. non-technical language), and [3] Distribution Channels (e.g., email, in-app notifications, blog posts). Provide examples for [PRODUCT_NAME] and tailor the advice for [TARGET_AUDIENCE], such as developers or end-users. Highlight common pitfalls to avoid, like overly technical jargon or omitting critical updates. Keep the guide actionable and under [WORD_LIMIT] words.