As forspoken, a little showoff of the Updating system:
The Following THREE screens are what you see if you have not the actual version and click on Update:




When you have updated then and click on Update again:



Ok nothing stunning, but there is a LOT of work into perfectionating this Upate system so it is fully back-compatible the way you have no problems updating from whatever version you do have.
And thrust me it was a sh'tload of work.

Third Snippet:
Player accounts hold Up to 3² Characters but your account is restricted to one faction, so think what you're choosing.
Every account has it's own Credits that is ACCOUNT dependet, what means that on every character you dont have an own bank, its all dependant on what your account has on credits.
What are these credits for? Wait for the 4th Snippet.

²=Still undecided, the number can still vary until the Final release