Will this work if I want to downgrade my iPhone?

I have an iPhone 4 with iOS 7 installed. I want to downgrade to iOS 4.2.1. I have already downloaded the iOS 4.2.1 from an Apple archives page for previous software updates.

If I connect my iPhone in iTunes on my computer and right-click "restore" and choose the 4.2.1 file, will it restore to that software version successfully?

Thanks for your help! Best answer gets 10 points!

Not unless you jailbroke on both versions. I downgraded my iPod using.shsh blobs and stuff. It worked then, doubt it now.

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