I wouldn't.
it's a more painful process but to start with a freshly formatted hard drive is, in my opinion, a great way to get a lean DAW setup.
One word of caution, make sure you back up EVERYTHING you need to an external drive somewhere, as some of your older plugins might not be available to download anymore, such as the Kjaerhus suite.
A shame, as they were great plugs but unless I'm mistaken, you can't get hold of these.