Can I run iMovie 09 and 11 on the same Mac?

I recently upgraded to a Mac Mini with iMovie 11 - from a MBP with iMovie 09, but it seems I can't edit any of the projects from 09 in 11. Is this correct? I can't even open them.
The MBP can't cope with the movies I'm working on - which was one reason I upgraded, it is so slow and every time i try to move around in a project the spinning ball comes up & it takes forever to do anything.
I've tried several things suggested on this forum to speed it up but nothing's working, so wondered if I take the 09 application from the MBP and put it on the Mac Mini running 10.8.4, will it work, will it clash with iMovie 11, will I be able to open my old projects in it? Are there other files that I have to transfer over apart from the actual application?
Thanks!

Marian Driscoll wrote:
Legal advice in a forum is always flaky. Go to the source to determine the truth. Read the EULA that came with Photoshop, specifically section 5.
Indeed:
5. Updates.
If the Software is an upgrade or update to a previous version of Adobe software, you must possess a valid license to such previous version in order to use such upgrade or update. After you install such update or upgrade, you may continue to use any such previous version in accordance with its end-user license agreement only if (a) the upgrade or update and all previous versions are installed on the same Computer, (b) the previous versions or copies thereof are not transferred to another party or device unless all copies of the update or upgrade are also transferred to such party or device and (c) you acknowledge that any obligation Adobe may have to support the previous version(s) may end upon the availability of the upgrade or update. No other use of the previous version(s) is permitted after installation of an update or upgrade. Upgrades and updates may be licensed to you by Adobe with additional or different terms.

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