upgrade to new machine

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I would be grateful for advice on the following:

I built a PC in 2001 for my own use and installed XP Pro OEM on it. Have since
installed SP2 plus all the subsequent patches.

Im now building a completely new machine with a new modern style motherboard,
video card, Core 2 Duo CPU etc.

I know that I cant just port my old hard disk with the old XP on it to the new
machine because of the OEM licensing rules. So my plan is to buy a new copy of
XP Pro OEM, put my old hard disk in the new machine and do a Repair Install from
the new OEM CD. Is it correct to assume that during such an install my old XP
will simply be wiped from the HD while all my applications will be kept intact
and I wil be able to reactivate the new system successfully?

I really dont want to re-install all my applications from scratch.

Many thanks,

Johannes van Vuren,


.

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