You can certainly do that. However, a better option is to install Xeams as a service rather than running it as an application. Here are the steps:

• Install Xeams as if it's a brand new install
• Patch that to the latest build
• Copy the entire C:\Xeams\config folder from your older to new 
• Start Xeams
• You will not have any problem with SSL if the public host name of your network does not change.