Thanks stl, It upgraded like a charm. I am glad that I will be able to upgrade as & when they are released henceforth.
However, while the updates went like a charm, it reset the internal storage. I don't mind this time and I reinstalling and re-configuring all that I need and use. Now, would using UI's upgrade option i.e. providing these update.zip files to it, retain the internal storage - apps and config, et all?
Further, I understand YouTube is not working and for that I can try the AndroidTV version of the app. I would like to share that I tried the SAMBA performance patch (http://www.futeko.com/newforum/index.php?topic=1479.0, also in FAQs post) and Free FTP Server (reference found in FAQs post - networking section) but I can only get 4-6 Mbps in both the interfaces. Not sure what I am doing wrong. Will attempt later when time permits.
Please excuse me for asking a generic question but apart from WOL, what are the other optimizations worth considering with the latest 2.1.4, not just networking related?