@AvikB, i plan to do the next v3 update towards the end of next week and i will have some time off next week so i can look at testing/ preparing for the website update. Does that suit you?
Yup fine with me. Few things to consider though.
The website update should be smooth(as i already tested on the test server and local server), the only thing that might cause some issue is the forum update.
The theme should work fine, but the since there are few mods(peoplesign, editor, and code highlighter) which needs to be installed on this old forum first, then apply the new forum theme,
also there are few SMF files(2 file actually, both of them are Editor mod and code highlight mod) that actually need to be replaced with the modified ones(original file has some bugs, which i fixed in the modified ones).
and even after applying new theme for SMF, it will still use some component from default theme(for some unknown reason..... possibly bugs), so you have to replace some scripts from the default theme as well(i know it sounds like a pain..... but SMF has some serious weirdness).
I will let you know the steps in detail, but i wan't you keep in mind that forum upgrade will require some digging(basically replacing few files).
The website have simple install script that will take care of the main site installation.