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Nov 11, 2014 at 18:34 comment added ColonelMode Considering how you won't be able to run the older OS version and this permits you to do so, yes, it's a definition of viable. How well that performs is a matter of the resources given the the guest OS virtual machine from the host. If the new host machine performs significantly better than the older hardware that it's replacing, it could , conceivably, perform even better than the original system. For instance you may be able to give the guest OS more memory and CPU resources than an equivalent older system that would have run the older version of OS X on older hardware. YMMV.
Nov 10, 2014 at 10:28 comment added Slava Fomin II Thanks for your reply! However, is it a viable solution for resource-hungry applications? Like professional movie/sound editing software, e.g. ProTools, Premiere, etc.
Nov 7, 2014 at 21:25 history answered ColonelMode CC BY-SA 3.0