Can I upgrade/downgrade my Backup/Storage VPS?

Our OpenVZ plans (Budget Backup and Advanced Backup VPSs) can be upgraded and downgraded automatically without data loss or downtime. Unfortunately, our KVM plans (Premium Storage VPSs) cannot be upgraded or downgraded due to limitations with the technology and our control panel.
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What is the difference between the Budget Backup, Advanced Backup, and Premium Storage VPSs?

Here's a quick breakdown of these three services and their recommended usage:   Budget...