Windows upgrade scheme at work - worth doing

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At my workplace we have been given the chance to purchase Windows 7 or 8 for £8.33. I currently use Vista 64 Home Premium. While my system has been very stable for a number of years (apart from taking about 5 minutes now to load everything and be able to use the mouse) I am unsure if the upgrade route is the way to go. If I did this, would I need to change all my drivers and back up all my data (photos, music etc). I am being too cautious or is this a no-brainer? Thanks.
 
Thanks for the replies and advice. We have had Win 8 installed across our all systems over the summer and I must say, I find it a pain to use. So probably go with 7.
 
Again thanks for the replies. What's the best way to back up data? Is there any freeware that would enable me to take an image and how much space would I need to set aside for this?
 
Thanks Jeffa123. I was going to upgrade to Win7 rather than 8. Do you think that's the best decision or will 8.1 address most of the frustrating aspects users report?
 
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