two versions installed at once?

I'm running Quicken Home and Business 2004, but would like to upgrade to the 2006 version that I got last year at a discount with my purchase of Turbo Tax. Will installing Q2006 disable or in any other way prohibit me from using V 2004? I understand that I can't convert the files upward and expect the old version to still work with them , but if I keep separate copies for the conversion process and work with these and V2006 until I decide if it is going to be usable for me, is there anything else I need to be concerned about in flipping back and forth between versions, eg program files that V2006 updates that are also used by V2004?

Thanks,

Jo

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phillysleuth
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