The Matek F405-STD is listed as ‘Discontinued Board’ in the docs. But the F405 did work quite well with AC 4.4.1. May aim is now to replace the XSR RX (SBUS) with an ELRS RX.
CRSF/ELRS require RX2/TX2 pads, which the board provides but the AP docs are puzzling me a bit.
It still works perfectly fine with the latest Ardupilot version (and you should update), just keep in mind that:
a) due to limited flash memory not all features can be included in the firmware at the same time, so if you’re missing a feature you will have to build a custom firmware either locally or via https://custom.ardupilot.org.
b) due to the legacy F4 processor, certain features (like FFT filters and Lua scripts) won’t work properly because it lacks processing power.
c) it might get fully deprecated at some point with no new firmware releases.