Ah hell...I think I got it beat.. and nothing could be simpler, although what worked for me may not be gospel for everyone. I downloaded my phpadsnew folder to be sure to have it backed up and then overwrote the existing files on my server with the new ones(except config.inc.php).
Reloaded the phpadsnew admin page and it prompted me to proceed with upgrade. I clicked next, another prompt,clicked next and installation complete and everything fully functional.
Short , sweet, and too the point.
Hope it goes as flawless for you.
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