Another Time Machine Question

Someone was kind enought to answer my last question reagrding my upcoming move of my existing Time Machine backup to a brand new drive but I'm just a bit confused with the ownership setting from http://support.apple.com/kb/HT1427 under:

Mac OS X v10.6: How to transfer your backups from your current hard drive to a new hard drive:

Select the new drive's icon on the desktop and choose Get Info from the File menu.

Make sure "Ignore ownership on this volume" is not enabled.

Is this the correct way to set this up:

The checkbox was originally checked and greyed out. I unlocked it and UN-checked the checkbox.

I hope this is correct. Thanks in advance.