Upgrade the first computer normally, then copy all of the .deb files that it downloaded to an external drive:
cp -v /var/cache/apt/archives/*.deb /media/pendrive
Next copy all of the .deb file onto the same directory on the second computer:
sudo cp -v /media/pendrive/*.deb /var/cache/apt/archives/
Then upgrade the second computer. Of course, change /media/pendrive/ to the correct path for your deb backup device.
This way, the update will happen on the second computer but it will be able to re-use the .deb files that have already been downloaded without downloading them again. Both computers must be the same release - either 32 or 64 bit.
You can also use this technique to update both systems normally. Set one to update automatically if you wish, and the other one to not check for updates automatically. Periodically copy the updated .deb files to the second computer and run the update. If you keep this library of .deb files then you can also use it after installing a new machine to make the first update very quick - do not let the system do the updates during installation and instead do it manually after installation.
I actually use scripts to maintain the .deb file backups, restore them, and even copy them to a new system while it is being installed. Using cp with the -n switch it doesn't try to copy over items that are already there and is very easy to use and maintain. Here's the one I use to upload the .deb files to the pendrive. Note that the pendrive should have a volume name so that it's mountpoint is always /media/yourname - the script will accept the volume name as an argument eg
debupdate yourname
The script can also keep separate backups for different releases without getting confused - it stores the archives under /media/yourname/archives/kernel where kernel is the major release level (ignoring the -xx extensions). If you're worried about the .deb files being deleted you could run this several times during the update, or maybe automate it to do so.
Here's the script:
#! /bin/bash
#copy the contents of the working archives to the given device
#No files will be overwritten (existing will be skipped)
#
args=("$@")
rel="$(uname -r)"
release="${rel:0:6}"
#
# For releases with single digit third series, truncate the '-'
if [ "${rel:5:1}" == "-" ]; then
release="${rel:0:5}"
fi
##############
#
echo
echo "Kernel release level is "$release
#
#
#
if [ -z ${args[0]} ]; then
echo "You must pass the volume name of target"
else
if [ ! -d "/media/${args[0]}" ]; then
echo "Backup device ${args[0]} not found"
exit 1
else
mkdir -p /media/${args[0]}/archives/$release/
cp -nv /var/cache/apt/archives/*.deb /media/${args[0]}/archives/$release/
fi
fi
Open "Update Manager" > click on "Setting" (bottom left) > change "Notify me of a new Ubuntu version" from "for long term support version" to "for any new version" > close
the again "check" for updates.
Best Answer
It's bad news, I'm afraid. Canonical removed the ability to upgrade using CD/DVD images from the 12.10 release.
All of the instructions I have seen for upgrading to 12.10 only talk about a network installation, usually using the Update Manager. See the 12.10 release notes. It is also mentioned in the 12.10 Beta2 Technical Overview, and there are lots of comments and complaints out there on the net.