[android-developers] Android build and target versions

I've seen various questions related to the different between the
minSdkVersion and the targetSdkVersion, and I understand the principle
here. My question is more related to how you handle new android
versions, and what you should specify then.

Scenario: I built my app a year ago, when 2.3.3 (level 10) was out,
and wanted to support back to 1.6 (level 4). So my manifest stated:

<uses-sdk android:minSdkVersion="4" android:targetSdkVersion="10" />

Also, in my Eclipse setup, I specified that the project should be
built using 2.3.3

Now, there are several newer versions available, up to 4.0.3 (level
15). I want my app to be available to all possible devices, and as far
as I can tell this seems to be the case. At this moment in time, I
don't require any extra features that the newer APIs offer.

Should I update my project to build with the newer version? Should I
change the targetSdkVersion?

If I don't change it, are there any drawbacks?

Thanks.

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