hard drive crash and time machine
Let's say my hard drive fails and I'm faced with replacing it or getting a new computer. I keep everything backed up on Time Machine. Does that back up include the entirety of all the applications that I've purchased and are on the computer, or do I have to reload all the applications afterwards separately relying on hard copies and receipts and user licenses for these previous downloads?
iMac, Mac OS X (10.6.8)