If I have multiple installations of adobe software, can I just delete earlier version?
I purchased and installed cs6 production premium, because I needed video editing. I had previously purchased and installed cs5.5 design premium for photo and web editing. Now I have multiple copies of certain adobe applications in my application folder (ex. Bridge, Extension Manager, Flash, Illustrator, Media Encoder, Photoshop). Can I just delete the previous version? Will I lose any custom settings (like in Photoshop)? Do they both access the same files / file structure? Is there any advantage / disadvantage to keeping both? Etc, Etc...
My OS is OSX 10.7.4.
Thanks in advance for any suggestions.