After upgrade message states:
Failed to refresh Gradle project \'XXX\'
The project is using an unsupported version of the Android Gradle plug-in (0.8.3).
Ve
I had the same error, but already had
classpath 'com.android.tools.build:gradle:0.9.+'
set like this, as Cedric Simon suggested. Thanks to the comment of mattblang, I tried to change it to 0.9.0 and refreshed it
for those who don't know, where the refresh button is, look below:

Afterwards I tried what happens when I change it back to 0.9.+ and refresh again...and it still works.
So I assume, only pressing the refresh button would have sufficed.