Usually firmware updates are made to resolve small issues, or to update comparability with new data formats. If anything, this might resolve some problems you'll have with your TV down the road if you don't update it now. So there should be no problem with a firmware update.
The usual advice is that if it isn't broken, don't fix it. Some sets have had problems with banding in the picture or the screen going black at odd times; the firmware was probably intended to fix those. If that is the case, changing the firmware on a set that works well may actually cause a problem.
Of its working fine then dont bother , unless sharp have said there is a problem with the tv needs fixing by a firmware update
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