I assume that SW1 is FPC1 and SW2 is FPC2. If not, adapt the FPC numbering.
So SW1(running 12.3) should be in inactive mode. This means that logically, the VC is up, but the interfaces from the FPC that is inactive will not forward traffic.
Here is what you need to do:
1. copy the 12.3 Junos on the VC(use the IP address from the vme interface) using scp. The file will be copied to SW2(the master).
2. upgrade SW2 using "request system software add <jinstall...> member2 reboot
The downtime should be up to 10-15 minutes.
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