Should I allow kernel updates?
Solution 1:
You can install any kernel you want. There is no problem on using one or multiple Kernels at a time. But sometime you should consider the Kernel Mapping to your Ubuntu Version. For example following link lists out the mapping of different kernel to different version of OS:
Ubuntu to Mainline kernel version mapping
You can get a complete information of Kernel installing/removing from following link.
Kernel Mainline Builds
It helped me a lot to install a new kernel in Ubuntu 12.04.2. Now I can chose any kernel 3.5.0 or 3.8.0 from grub menu.
Following link illustrates how Ubuntu 12.04 LTS works actually. It illustates in very nice way, you would also like:
Ubuntu LTS Enablement Stack
Hope this short description helps you.
Solution 2:
The kernel manages the hardware of every Linux system and makes it available to the various processes.
Updating to a new Kernel keeps you up-to-date with Security Patches, Stability Improvements, Updated Drivers, and New Kernel Functions.
Solution 3:
If you don't want something specifically from a newer Kernel, probably don't need to update. 99% of the time auto update is all you really need (unless you are fixing a particular problem).