dependency: update k8s component dependency to v0.27.1

[harshanarayana]

Uptick the dependencies for v0.27.1 and also address the changes required to handle #243

Takes care of the Deprecation done to the wait package helpers via kubernetes/apimachinery@831cf05

Closes #243

[harshanarayana]

cc @vladimirvivien @ShwethaKumbla @cpanato

[vladimirvivien]

/LGTM

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[embano1]

@harshanarayana some of my CI tests are failing trying to upgrade K8s deps to 0.27.x using the current E2E release (which is on 0.26.x). Was wondering if we should cut a release?

[harshanarayana]

@harshanarayana some of my CI tests are failing trying to upgrade K8s deps to 0.27.x using the current E2E release (which is on 0.26.x). Was wondering if we should cut a release?

@embano1 I believe that can be done.. @vladimirvivien @cpanato what do you think? May be we set a cadence for this with every k8s release like descheduler has been doing lately?

[embano1]

Wonder if it needs to be minor or patch semantic version release?

[harshanarayana]

@embano1 I believe we could setup a cadence for once every minor release change. Release for patch version based mechanism could be need only.

Until we get the release out though, you can still use the main branch with commit based vendoring/requirements to get the new changes into your workflow.

[embano1]

Until we get the release out though, you can still use the main branch with commit based vendoring/requirements to get the new changes into your workflow.

Yeah, I know. But I don't want to manually change this since everything is driven by dependabot using semver