Well that was fun and NOT!
Updated iPad 4th Gen with 0 issues, quick, simple and no messing with apps, passwords, accounts...
The iPhone 5-32 however was not so easy (and funnily, the iPad was almost out of room and the iPhone was less than 1/2 full). First time tried to update, error -1, reboot and reset iPhone, this time error 3014 (Both times, iPhone in recovery mode grrr...), turn off mac-mini mid-2011, unplug all USB cables except Lightening cable, start MacMini, turn off dropbox, turn off memory clean, turn off SnagIt, turn off Keycard, in iTunes, eject iPad 4th gen and then proceed with factory restore that actually worked this time and updated the software/firmware... but now I have to spend an hour syncing everything and making sure everything works as it was not to mention put everything back into folders that I had it organized the way I wanted it...
Alas, the upgrade took but was a PITA!