Moving to a smaller droplet
I am planning to move to a smaller droplet, since the current setup is overcapable. Now, I know, DO doesn't support resizing to a smaller disk - I guess I will just have to move the installation manually. What is the best way to do so? Are there tools that allow you to transfer a complete Linux installation to another machine? Or will I have to reinstall all my applications on the target droplet?
My current droplet is the $10/mo Debian 7 x86 droplet, I want to move to the $5/mo droplet.