Use Ghost 14 To Migrate From XP to 7

I am planning to move from XP Home to 7 Pro.  It is my understanding that when 7 installs itself over XP Home it will wipe the drive.  I was wondering if I could do this:

1.  Install Ghost 7 on the XP Home pc.

2.  Run a drive image back up to a NAS drive.

3.  Install Windows 7 over XP Home.

4.  Install Ghost 14 on the Windows 7 system.

5.  Use Ghost 14 to restore my applications, data and music, images, etc bact to the Windows 7 system.

 

Can I do this?  How do I restore the applications, data and music, images, etc bact to the Windows 7 system without restoring XP with it?