No need to change anything unless it's broken. The client will update itself anyway.
This should at least answer your last question: https://gist.github.com/4377544.
Ok, thanks, I'm glad I don't need to bother with a new install.
Nothing extracted yet.
I hate posting such a simple question here, but I don't know where else to ask.
I was part of the beta before it was opened to the public, so I was wondering if I needed to re-install steam with the new steam_latest.deb, or if I can keep using my current installation?
Likewise, if I need to use the .deb, will it (the .deb) still work on my Ubuntu 12.10 installation, or is it made specifically for 12.04?