A few points in response --
You mention using stock Avid plugs mostly during tracking -- these are still available in DSP format and they've actually expanded them quite a bit very nicely (a new channel strip, a lot of analog compressor/eq emulations, some multiband, etc.) HOWEVER, you mention using some Waves plugins during tracking -- Waves never went AAX DSP, they are native only now. I didn't find this out until after I upgraded and this has upended a lot of my session templates and workflow so be aware of that if you weren't already.
In regards to a dual boot -- when I mentioned cloning your drive beforehand I just meant as a safety in case there were any unexpected hiccups between your older cheesegrater and the Mavericks 10.9.5 combo and PT 10.3.10 -- something like Carbon Copy Cloner will work fine.
That said though, if (like I was) you're considering an actual dual boot with Mavericks/PT10 on one drive and a newer OS/PT Ultimate on another, be aware that the HDX and TDM cards cannot coexist in the same system. I had hoped to be able to keep the TDM cards in a chassis and the HDX card in my MacPro and simply run either system depending on which drive and version of Pro Tools I booted into -- best of both worlds. However, Pro Tools will not see the TDM cards if the HDX card is in the system. You either have to have two separate chassis that you connect one at a time depending on what system you want to run or you have to physically change out the cards. I've actually considered selling the HDX card, running Ultimate natively for editing and mixing, and keeping the TDM 10 system for tracking and production, but I haven't figured out a way for it not to create a whole new set of headaches due to the disparity between available plugins.