Hi,
I want to upgrade esxi from 5.1 to 5.5 and need to back up my hosts before I proceed. Can someone confirm if the link below is the correct article for backing up esxi, and if it is not, can you please provide a link to the correct article. Thanks.
yes this is the official way to backup your configuration. take in mind: with this solution you have first to reinstall the server with esxi5.0 and then run the restore script...
if you have vms on the server i would also recommend to export them before you begin with the update...
another way would be to shutdown the esxi server and start the server with a boot cd like acronis...then you can take a offline backup of your server
To backup your host alternatively you can use vim-cmd command, please have a look here How To Backup & Restore Free ESXi Host Configuration | virtuallyGhetto
This method is also given in the KB#2042141 that you mentioned in your question.