Absolutely - that's how I do it at home!
I've only had one issue doing this - it was with an old Toshiba laptop (M45).
It wouldn't recognize a USB device, so I had to restore to saving the image on the Acronis Secure Zone (don't still know if they use that tool - it's just a special protected partition on the hard drive) - but it worked for me.
I'd caution against using old versions as you don't know their ability to support the new versions of File System drivers - but as with any backup, the true test is seeing if it'll restore properly.
Good luck!