This is what I think this means:
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1. If I don't need the hard drive and I'm ok with my current hard drive 80 GB, all you have to do is upgrade the server right? How much would I have to pay? The difference?
I recently payed $100.00 for the month.
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You'd pay any prorated fee. They will just upgrade the CPU in your server.
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2. Will there be any downtime?
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yep. Probably a few hours while they swap the CPU and patch the os kernel for the new CPU.
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3. If I do need the hard drive How much would I have to pay? The difference?
I recently payed $100.00 for the month. Or pay the $150.00 Setup Fee +$170.00 Monthly
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If you already paid a setup fee, I don't think they'll charge another. The way billing usually works is you pay a prorated amount. They may 'close' one account, refund the unused days, and charge a 'new' account for the new amount, or they may upgrade the account by just charging the prorated difference this month (due when you order) and then new amount monthly going forward.
John