Anyone here tried moving from a full client to a lite client in their machine? Is there an option in lite client to restore the wallet from a full backup made in a full client?
Yes, there are several ways to accomplish that.
No, you can't directly restore from a full node (full backup) to a light wallet; however, you can restore from seed to a lite wallet. This will convert to a light wallet, but only the bytes. In order to move the blackbytes, you will have to move them from the full node wallet first to a temporary wallet along with some bytes to pay for the transaction to move them again to your newly restored light wallet.
Thanks for the reply. Will keep running the full node for now, till I face any storage space issues.