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I don't have the ability to test it on either that machine
or that os.

I don't, off hand, see any reason why it should fail, but I
do know the server is quite different even on the BSD level.
Hard to know what services are available.

If you have the ability to run diskutil in single user mode,
and also can run fsck, it should be fine. The other thing I
would look for is if Server has it's cache and preference
files located in different locations than the regular Mac OS
X client version.

Of course, please back up your system before trying anything.

And do let me know if it runs/fails.