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Yes, if you qualify (in terms of income) and provided the conversion is not so large that it puts you into a high tax bracket, it is usually worth your while to do a Roth conversion.

It seems that you already have two accounts. Why not combine them. By opening a third, Roth account, you complicate the paperwork and pay increased maintenance fees. Its better to consolidate your accounts whereever possible--especially while they are small accounts.
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