Can Snapshot move an old site?

I've got an older site, running in WPMU 2.92 on an old machine, and I want to move it to a newer machine (where I'll eventually upgrade it). Can I use snapshot (in 2.92) to backup everything on the old machine and then restore it (still in 2.92) on the new machine? The host URL will stay the same, so there's no database-rewriting required.