I just went through all this when setting up my new PC. Recently there were 20 or so updates which took a few hours to download, decompress and install.
I'm not sure but I think the synths and fx updates are all full installers so you may not need to use your disc at all.
Just try with one and see. Why? Because if you install from disk you have to do the updates anyway, this way you may be able to avoid that whole process. Just check where they all get located by comparing to your old setup.