Which use the versions-maven-plugin's goal update-parent: http://mojo.codehaus.org/versions-maven-plugin/update-parent-mojo.html
Which does not work as expected:
It always updates to the latest, highest parent version, ignoring the parameter. For example:
If ($newVersion == 5.3.2.Final) but 5.4.0.Final exists in the repositories, it uses 5.4.0.Final.
We need to fix MVERSIONS-185, ask the versions-maven-plugin to pull the changes and get it released (Paul Gier or John Casey might be able to help there).