OK.. Now that I just recently graduated from college I just splurged and bought an iMac (Don't need the MacBook anymore). I have my MacBook using Time Machine through my Time Capsule. 1) Can I simple "hook-up" my Time Capsule to my iMac and basically have an iMac with all the same applications as my MacBook had (like the licenses carry over and everything)? If this is possible I will simply wipe clean my MacBook so I can sell it and hook my Time Capsule up to my iMac when it arrives. Or should I: 2) Wait for the iMac to arrive, go through all the necessary Leopard updates etc... Then manually install each application back onto my iMac? I purchased the MacHeist II Bundle a while back, and I am worrie that I will lose some of my necessary programs: Snaps Pro, Pixelmator, Appzapper, etc... Anyone with experience with getting a new mac and transferring over applications and files would be greatly appreciated.