If I were to use this option, could I theoretically burn my existing, updated HL2 installation onto a CD/DVD/whatever, and then transfer it to the new computer I just purchased online? The reason I ask is NOT because I'm trying to copy the game or anything for illegal purposes, but rather because I am a modem user. A 2.6kbs-download-speed modem user, to be precise. Therefore, updating Steam a second time would be extremely annoying and long, and I want to get right into mapping the second the PC arrives.
Does anyone know if this will work, and if the updates will carry over? I'd love not to have to re-download the SDK...it takes 3 full days at least, and I do have other needs for my phoneline.