We've made the amber warning icon, that indicates the need to upgrade the Insights to the latest version available, present at all times in Analytics, until you action it.
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We've also improved the message when hovering over the warning icon, to be more explanatory and consistent with the latest UI version of Analytics. This includes information about the current version of the insight, the latest to which it requires the upgrade and a note to check your insight settings upon taking the upgrade action from the warning message.

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The Warning icons are in both individual insights and dashboards in preview mode. When you action the Upgrade button, the Insights screen opens in Edit mode, regardless if you open them from the Dashboards or Insights screens.
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You can check the effect of the upgrade and decide whether to save the insight or undo the changes, click Cancel on the right-hand upper corner or simply the Undo button in the left upper side of the Insight screen.
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Once you click Upgrade, then a confirmation message displays on the right bottom corner of the screen. The change persists only if you save the insight.