That right, it can, and it should be fine to back up when the server is quiet. I strongly suggest, though, that -- if you're using any MySQL based apps (or similar database programs) -- you consider using the pre/post backup scripts to export your live database to snapshot it.
If the two machines are yours, for your personal use, you don't have to buy another license... though we'd certainly appreciate the additional registration.
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--Dave Nanian
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