Will installing CS 5.5 deactivate CS 5.0

I got my CS 5.5 box today.  I installed it on my laptop, which didn't have any version of CS on it and it seems fine.  On my desktop I currently have CS 5.0.  If I install CS 5.5 on my desktop will it deactivate my CS 5.0, or will they both be active and available to me?  I want to keep CS 5.0 for a while until I am comfortable that CS 5.5 is stable and will work well with my plugins etc.
Can I subsequently uninstall CS 5.0 off my desktop without screwing up files that CS 5.5 depends on, once they've both been on the same machine together?
-Roger

You can have both installed without consequence.
Good info here:
Managing the 5.5 Install

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