We have been running version 2.7.8 for a while now with no problems. We are considering upgrading to the current version based on the issues around security and the fact that we are looking to upgrade to Joomla 2.5.1 in the near future.
Just wondering if there are any issues doing a direct upgrade from 2.7.8 to 2.7.14 without doing each release up to that point? Any feedback would be appreciated.
You definitely need to update prior to moving to Joomla 2.5 as 2.7.8 won't work there. You can update your Joomla 1.5 site directly to 2.7.14. No need to hit any versions inbetween. THEN migrate the updated 1.5 data into the 2.5 site. The new package has more instructions for that migration.