If you haven't changed anything, then you can overwrite the previous instance (make a backup first). If you have changed something like config.js then save that, overwrite and then restore your file. If you have changed some source code, then you'll have to reapply your changes.
Re: How do I upgrade
If you have changed something like config.js then save that, overwrite and then restore your file.
If you have changed some source code, then you'll have to reapply your changes.