Anyone had any experience with this?

I've been digging through the forums but with no success. I guess what I am wondering is will the following work:

1. dump users/pass out of openldap manually and import into new machine.
2. tar up the data from mysql (removing bin logs and such), scp over to the new machine and start it up.

Anything else?

Could I perhaps configure openldap to mirror the original machine, let it sync up, and then do the same with mysql? Not sure if openldap has this functionality - obviously mysql does, esp. since the bin-logs are available...