My iTunes library file resides on the iMac's internal drive but the music files live on a FW800 external. The iMac is running Snow Leopard; the new Mac Mini runs Mountain Lion. I am running the same version of iTunes on both Macs. Is it possible to simply transfer the iTunes folder from the iMac to the Mini (replacing the old iTunes folder...), connect the external drive and then fire-up iTunes? Or do I need to do it another way?