Yes pparks, you are correct. I just chatted with MS customer service. Here is the answer from the "Horses Mouth". It would seem that transfers are just fine:
Please wait for an agent to respond. You are currently '1' in the queue.
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You are now chatting with 'Calvin'.
Calvin: Welcome to Microsoft Customer Service Chat, Greg. Kindly give me a moment to review your question. Is that okay?
Greg Isaacs: no problem, Thanks
Calvin: You are welcome.
Calvin: Thank you for waiting.
Calvin: May I know the specific Microsoft product you are referring to? Example: Windows Vista Home Premium, Office Home and Student 2007, etc.
Greg Isaacs: It is Windows 8 Pro upgrade. I bought it from your web site when it was $40
Calvin: Okay.
Calvin: I understand your concern.
Calvin: I will be more than happy to help you in this regard.
Calvin: May I have the 25-digit product key of your Windows?
Greg Isaacs: sure, please give a minute to pull up the email....
Calvin: Sure.
Greg Isaacs: <deleted for Privacy>
Calvin: Thank you for the information. Kindly give me a moment while I validate the product key for you.
Greg Isaacs: no problem
Calvin: Thank you for patiently waiting.
Greg Isaacs: no worries
Calvin: I am glad to inform you that the product key is valid one. You can transfer the licenses onto another computer.
Calvin: Do you have the disk or the download link for your Windows 8?
Greg Isaacs: I did burn a disk, and I still have the e-mail with the download link as well. Will my friend need to call to activate with you? Not a big deal, I just like to be prepared
Calvin: Good to know that.
Calvin: For help with the activation, please get back to us on the chat session.
Calvin: I am glad that I was able to help you on this. Have I answered all your concerns for today?
Greg Isaacs: sounds good! Thank you so much, you have been very helpful! Have a great day!
Calvin: Thank you.
Calvin: You are welcome.
Calvin: Microsoft values your feedback about the quality of service that you received today. We will be sending you an email survey and I would like to request you to share your opinion. Our goal is to continuously improve and provide great customer service to you.
Calvin: Thank you for using Microsoft Customer Service Chat. Please feel free to come back again. We are available 7 days a week, 24 hours a day.
Chat session has been terminated by the agent.
Hope this helps someone else down the road as well. It's good knowlage to have
![Smile :) :)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Thank you all for helping as well!
Geeve