The Ubuntu team is proud to announce the version 7.10 of Ubuntu, Kubuntu, Edubuntu, Gobuntu, and Xubuntu codenamed "Gutsy Gibbon". This includes installable live Desktop CDs, server images, alternate text-mode installation CDs, and an upgrade wizard for users of the current stable release.
Before Upgrading You need to remember the following Important point
Take complete backup of your system before upgrading .Now you need to upgraded Ubuntu Feisty Machine to Ubuntu Gutsy.
If you want to upgrade using GUI use the following procedure
Use the Alt+F2 key combination to bring up the Run Application dialog, where you'll want to enter the following command
update-manager -c
“-c” switch tells it to look for upgrades at all.
You should see the following screen here Now you can see 7.10 is available for upgrade click on upgrade
Now you should see the release notes as follows here you need to click on upgrade
Preparing for the upgrade in Progress
You can see similar to the following screen about end of support for some applications click on close
Now you should see the following screen to start upgrade click on start upgrade
Fetching the upgrades are in progress
Installing the upgrades are in progress
Cleaning Up is in Progress
You need to restart the system to complete the Upgrade by clicking “Restart Now”
Testing Your Upgrade
You can check the ubuntu version installed using the following command
sudo lsb_release -a
Output Looks like below