Since Raqcop uses a Cobalt Rom friendly kernel and several other files differ from the stock IPCop, Raqcop always needed it's own update path and updates signed with a different signature than standard IPCop.
To refresh your memory, the Cobalt is a headless device with a serial console and possesses a 16x2 character LCD there to be utilized. If you already own such hardware, you already know this.

During boot and halt, the lcd gets written to from rc.sysinit and rc.halt. Changes to prevent TTY errors during boot were also necessary to rc.sysinit. Changes to inittab as well as securetty to accomodate the serial console were necessary as well as preventing the system to look for other console TTY's that cannot exist on a headless device.
Because of the difference between Raqcop and IPCop due primarily to architecture differences ie biosless and headless requiring a custom tailored kernel on top of other necessary changes, it has always needed it's own gpg signed updates to prevent improper upgrades via the web gui.
A great new feature of what will become IPCop 2 allows downloading updates directly from Sourceforge and installing them within the web gui without manually downloading to your computer and then uploading them via the web gui. You can still manually upload as well like you did in 1.4.x but if you're red is active, it's self contained.
I already have my own key pair and have the next version set up to honor a unique raqcop gpg signature and look for updates from the raqcop site. Once you have a running and well set up Raqcop 2 machine, you will be able to upgrade with ease directly.
The next version be it RC2 or the actual 2.0 release will require a fresh install initially but will be fully updatable from one version to the next without the cumbersome methods we used in 1.4 for Raqcop which required uploading a tarball, uncompressing it and then running the update shell manually.
As always, the 2.0 series of Raqcop will have diff files available for anyone to study the differences between Raqcop and IPCop. The proper classification for Raqcop is that of being an adaptation of IPCop to run properly on Cobalt x86 hardware and take some advantage of the built in display.