1. disable all plugins, especially auto-upgrade and old ozh menu, maybe others. so the best way is disalbe all.
2. using default themes (not sure, but to be safe, a simple way)
3. upload all code files of V2.7, using overwrite, or after moving your old version code files to other directory, something like “/backup-v26x/”
4. http: //xxxxxx.com/wp-admin/upgrade.php
to upgrade your V2.6.x to V2.7
5. OK
some plugin is abnormal under v2.7, so the best way is just using old database, not codes. remember to backup it first!