Okay, so I've gotten a little better handle on the whole updating situation.
If you have problems with the update, its related to a connection issue. How the plug goes into the NovaLink. So to resolve this, you can simply leave the NovaLink coonnected the ESC, and plug the USB cable into the NovaLink when the updator asks you to "plug in your ESC".
So far not everyone has had problems, but some have, inconsistent USB stuff from what my None Computer Speaking Self understands.....