Why do that when you can already run Start 0.4?
The upgrade process is well documented and StartTunnel will connect through your VPS without breaking the security model
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can you actually update to .4 without breaking everything?
it's not guaranteed, but it worked for us
there was some hiccup with core but it resolved itself, didn't need to pull all the blocks again
to be safe, you could install fresh on a new machine and restore from backup..