short answer: it is possible but don't do it.
long answer: i'm pretty sure you can select which things you want it to transfer over, and my general rule of thumb is if you're going from one OS to another, you don't want to transfer the apps. Some might work, some might not, and a lot will probably just be buggy.
I think it'll be worth the extra bit of time to reinstall apps than the possible frustration later of little things being quirky.