Time To UPDATE The Theme? Great Idea!
So, you want the awesome new features?! Updating the theme is super easy.
You'll need to follow 4 simple steps:
Step 01: Always, always, always back up your site! We even have a video on how to do this: http://www.youtube.com/watch?v=OFCIga474Xc&feature=plcp (note that the reload XML button has depreciated)
Step 02: Login to themeforest.net, visit your theme's product page (or your downloads folder) and download the latest copy of the theme package. You can find our full list of products here: http://themeforest.net/user/themeisland/portfolio
Step 03: Upload and Activate the theme (from the zip folder in the theme package). If you would like to run this new copy in addition to the old one (in case you need to revert back for any reason) you should be able to do this by re-naming the uploaded theme folder and the theme name listed in "style.css".
Step 04: Go through your Theme Options panel, and your Skeleton Page/Post Options and fill any new or old options out! Make sure you save each of these pages after filling out the options.
For more information on the Installation Process, we put together a video walkthrough: http://www.youtube.com/watch?v=6biFP53ZASk&feature=g-upl
The new Theme Options page loads your options automatically, so you won't need to hit the reload xml button. The newest round of updates are in response to the update to OptionTree, so if you are running the latest version of the theme and you are having issues try downloading the OptionTree plugin from the Plugins > Add New directory. That should remedy any related issues.
(Note: do not click the RESET OPTIONS button, it will delete any work that you have done in the theme options panel.)
Note: In some cases, you may need to delete the old version of your theme, then re-upload/re-activate the new one. Keep a backup of the original working theme version though!