Change Upload path?

In your admin area, Options >> Miscellaneous. Does that work?

Why, yes it does help! Thank you!

I have another question relating to this:

I have created a separate wordpress directory which contains wp-content, wp-admin, etc. I would like to bring my upload directory up to this same root level. How can I set the uploads to be in a higher folder?

How about adding ../ before the folder? As in:

../upfolder