Moving Sampletank 3 content

I am thinking of moving the seldom used ST3 content from one of my main sample drives to the project drive at least until I add another drive or replace one with a larger drive.
 
Is it just a case of moving the folders and repointing ST3 at the new location?

Yeah, I did this as well quite some time ago.  I don't remember any details but can at least report that it worked without any problems.  Leave the originals in place and rename the top-level "from" directory and see what happens.  Worst case is you can easily revert to what you started with.

Glyn, I have done this without any issue. I used dmbaer's method so that I could revert if necessary.

Having just done this over the last few days, I believe you can only have one folder where you keep ALL your SampleTank content.  You establish it in the Disk Path in preferences (gear icon).  That folder can be set up anywhere. 
 
In my case I have the SampleTank 3 program on my C drive and all the content on a SSD.  
 
You can easily move some of the content out, but you won't be able to access it until you put it back.  Moving it back later is easy.  Put it back and then hit the update icon to the right of the magnifying glass just above the second Macro Knob.  

Thanks for the replies. I have now move it, a database rebuild was required but it did not take long.

I also moved some EastWest libraries, no issues there.