It depends on your business plans.
Moving it has the huge advantage that if something goes wrong during the plan, you can just go back to using the old system (because it's less a move than a "copy it to new place"). But if your business needs very short outages on the system, then you'll probably want to do it in several steps.
I have multiple projects that use variations of the same base workflow. The variations depend on the requirements of the project or issue type. The variations mostly come in the form of new statuses ...
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