Pack and Go

I have a project that I want to "pack and go" to another location, with changes to the file names.  I know how to do this, but this particular project has "sub-folders".  I have my parts in a parts folder, my assemblies in an assembly folder and my drawings in a drawing folder, all under the main project folder.  I want to create this exact file structure in the new location.

First question.. Do I have to individually re-path each part, assembly, and drawing to the newly created file folder locations?

Second question..Will my assemblies, drawings, parts automatically "re-path" to their new locations once moved/re-named?

SolidworksAssemblies