Just don't delete anything until all new versions have been tested and proven to be stable.
Back up storage is huge and cheap. Before I do anything I would drag and drop the whole folder to a back up drive and name it "Old FKDUP files" or something. I actually never totally erase any copy of any project folders. I just keep my working drives tidy.
Myself I would do as Craig said and make new folders on a data drive for each project. I then open the messy projects and do the SAVE AS and point them there using the copy all audio etc.
I use a dating system for main "album' folders which will contain the songs.
Example : Sock Monkey Sock Waves album Aug 22 2014.
That way when I look in a back up drive I know when it was last updated.