Migration to latest version from older version

Any thoughts on this approach:

     If I have an old version of Hippo (10) and want to go to the latest, is it feasible to do the following instead of step by step migration (10-11-12-13):

             Start with a "hello world" archetype generated project of the latest version
             Copy over the code and make required changes during this process
      Along with that, what is the supported version for Oracle for the latest version?