Doktor Avalanche
Hmm I'm booting 3 x Win 8.1 OS's on a single machine. If I update each one I wonder if I get a separate serial number for each.
Interesting question to see if the updater handles that. The way I would handle it is update one partition and if you like it, image it and install it on the other 2 already verified. Microsoft uses hardware signature to verify the product key, so you can have as many as you want on the same machine with the same key. I'm thinking updating all 3 will work because if you screw up, roll back and then update again, that will work on the same machine. But imaging is the safest and fastest. Easus ToDo free should work for you.