Can I move a VM from Parallels 6 to 5?

I'm using Parallels 6 on a MacBook running on OS X 10.6. I installed Windows XP in one of my vm's. I would like to move this vm to another Mac that is running OS X 10.5 and Parallels 5.

I'm wondering if I can move my XP vm from my Parallels 6 machine to my Parallels 5 machine. I've seen posts from some people who seemed to have trouble moving a vm like this. I'd like to know if this should work.

Thanks.