Upgrading InDesign 5.0 to 5.5 question

We are thinking of upgrading from InDesign 5.0 to InDesign 5.5 and wanted to double check some information.
As I understand it, if we upgrade, the installer installs version 5.5 and the 5.0 version still remains (i.e. it doesn't write over or eliminate the older version)
Does that mean I can still use the InDesign 5.0 version if necessary or does installing InDesign 5.5 render the 5.0 version inactive?
Just want to make sure of what we are getting ourselves into as far as compatibility and workflow.
Thank you for your input.
Randy

The license is transferred but there is an unspecified transition period during which you may continue to use older versions. The fact that you have clients with the older version means you’re still in a transition period.
I still have CS3, CS4, C5 in addition to CS5.5 installed.
Bob

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From: John Hawkinson <[email protected]<mailto:[email protected]>>
Reply-To: <[email protected]<mailto:[email protected]>>
Date: Tue, 13 Mar 2012 23:27:21 -0600
To: Holly<mailto:>>
Subject: Re: Should I wait to upgrade InDesign and InCopy Software? Should I wait to upgrade InDesign and InCopy Software?
Re: Should I wait to upgrade InDesign and InCopy Software?
created by John Hawkinson<http://forums.adobe.com/people/John%C2%A0Hawkinson> in InDesign - View the full discussion<http://forums.adobe.com/message/4265720#4265720

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