You most cetainly can use SRM and VMware COnverter to migrate your environment from one location to another - The diefference will be in the amount of time it will take and the cost - with Converter the data will have to be copied over and the a final suncronization is performed and you will cut the machine with SRM this is called a "planned migration" you set up th replication between the sites and when the data is in synch you then failover - ths cost difference is with Converter it is free while with SRM you will have to pay the license fees - which is fine if you plane to coninue to continue to use SRM to protect your primary site.
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