Ubuntu 10.10 codename 'Maverick' is finally being given to us, among other goodies is the new KDE 4.5 release on board, there are by the way no packages planned for Kubuntu 10.04 LTS, so is recommended to upgrade to 10.10 (normal release) if you want to try the newest KDE release software.
Upgrading from Ubuntu 10.04 LTS to 10.10 on a desktop system couldn't be any easier, first press Alt+F2 and type in "update-manager -d" (without the quotes) into the command box. Update Manager should open up and tell you: New distribution release '10.10' is available. Click Upgrade and follow the on-screen instructions.
As i'm writing this, the upgrade process is happening, will let you know more when i do :-)