I'm terrible at updating. I dont think I've ever taken the time to update my Sytist and I am using version 1.2.2 . All the bells and whistles of updates seem great but honestly this version has always met my customers' needs and many tell me they love that my site is bare necessities simple and doesn't offer too many options to get them lost.

Ok, so now I'm feeling I've fell way too far behind by not updating. And seeing a possible malware problem could happen, I feel I should do something.

Bottom line.... can I do updates now without terribly causing problems (my history in updating other technology always seems issues arrive when updating. lol) Can or what will I lose ? What's going to change in my Sytist? And sometimes I'm technically challenged so how difficult is updating?

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I don't think the updates will cause you any problems. You will be able to apply the update right from the admin. Between your version and the current, a lot has been added and the admin looks better. The security fix I mailed out this morning doesn't apply to your version though because it didn't come in until version 2.6

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