Yes, when you run that, it will attempt to make the modules for the new kernel. It will than ask you if you want to keep you network setup. Simply say yes (which is the default).
I think simply accepting the defaults will keep everything the same. Just read all the questions carefully and respond accordingly.
Of course, you need to be running the new kernel before you can build the new modules so there will be a bit of downtime.
Hope this helps
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