Upgrade Question Final Cut Pro 5.0.4

I'm a bit confused and need clarification. I have Final Cut Pro 5.0.4. Can I download the upgrade to 5.1.4?
It won't let me download the update to 5.1.4 because my version is prior to FCP 5.1. When I go into the update for 5.0.4 and download it, the version number doesn't change on my computer. What should the update say?
Is there any way for me to get this 5.1.4 update? I want to use the new effects features! Please advise.
Thanks in advance for your help!

Thanks. As I am reading I am noticing that it will cost me $699 for the upgrade to 5.1 from 5.0.4. I thought that with a newer version I'd be able to get the crossgrade, but I didn't read close enough. It would figure that a promotion was stopped a week ago (and was open for a year and I didn't even notice) I'm upset, but what can I do? I'm not paying $699 for such a small upgrade. I'll wait until a newer version comes out or something.

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