Snapshots survive an 'installer clean-install <whatever>', because that does not affect the filesystem on the storage. Snapshots do not survive a real clean install with ISOmorphic.
My understanding is 'installer clean-install <whatever>' only leaves the IP address and mask of whichever interface you have selected as the management interface, and maybe the password of the user 'admin'. I don't personally trust anything but a real clean install for VSX upgrades, but 'installer clean-install' is probably fine. Just remember to build your bonds before you try to reconfigure.