I assume so. I think the Migration Assistant copies everything from the old Mac to the new Mac. I have an iTunes folder in my home directory. It contains files: iTunes library extras, iTunes library genius, iTunes music library - and folders: album artwork, iTunes music, mobile applications, and previous iTunes libraries.
When I connect my iPad, the iPad icon does not show in the left column, and I get a message "iTunes could not connect to thid iPad. You do not have permission."
FYI, I had no problem syncing my iPhone to iTunes on the new machine.