EC2 Key Pair Change

Question

I have seen several questions and answers about changing the EC2 key pair for a running instance. However I am a complete AWS newbie at this point and I can easily stop the

Answer 1

You can create an AMI of your current instance and spin up a new instance with a different key pair using that AMI. You can then associate your elastic IP with the new instance. Is that what you're looking to do?