Yes, that's the idea.
I recommend installing all modules with cpanm and its -L option to install everything specific for an application in a separate directory.
Usually, Perl guarantees (resp. takes great care) that you can upgrade between minor versions without recompiling provided that the new version of Perl was compiled exactly as the previous version. I'm not sure whether you can actually do that. I would simply reinstall, as that is usually easier.
In reply to Re^8: help with "symbol lookup error" message
by Corion
in thread help with "symbol lookup error" message
by Special_K
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