Cubase Elements 7 to Elements 8 upgrade

I just got the Grace Period update and was wondering if I should unistall Elements 7 and then install 8, or will 8 just replace 7 when I install it?

Thanks!

http://www.steinberg.net/forums/viewtopic.php?f=226&t=78580&p=448467&hilit=upgrade+uninstall#p448467