I upgraded the netbook AND the laptop to Ubuntu 10.10, Maverick Meerkat, today. The upgrades were 100% uneventful. Answer about three questions during the process, reboot when it tells you, then you're done. Easy peasy!
Image #1: Netbook Edition upgrade a runnin'
Image #2: I didn't read the release notes or any documentation, so I was surprised at the dramatic change in the Netbook Edition desktop. It's called the "Unity Interface." At first I thought, "I hate this shit", but after a few minutes I was floored at how great it is. I love it! That fancy and friendly dock on the left won't yet hide, but auto-hide is in the works in a future update. My desktop is so dark that it blends right into the blog background. If you click the image, you can see it better over on flickr.
Image #3: These two sofa sloths watched me trying out the upgrade. I pointed the netbook webcam at them just after the upgrade and snapped the pic using the Cheese app.