Yes, that should be the way to go. Alternatively, you could replace the BitTorrent Sync binary manually: Stop BitTorrent Sync via the QPKG Center. Find out where the binary is located (/share/MD0_DATA/.qpkg/BitTorrentSync/btsync, for my setup at least) and replace it with the new one. Start BitTorrent Sync via the QPKG Center. I am not at home right now (and won't be for another two months), so I have not tested updating.