... continued ...
STEPS BELOW ARE ON THE NEW COMPUTER
3. If you've already installed iTunes on the new computer, and you've added any new music there, then on the new computer make sure iTunes is not running and move the C:\Users\username\Music\iTunes\iTunes Media folder to your desktop
- We're in Windows 8 now, so the user interface and folder layout is a little different ...
- On the Windows 8 Start screen (the one with all the tiles), find and click on the tile labeled File Explorer:

- When the Explorer window opens:
(1) - click on Music
(2) - right-click on the iTunes folder and select Cut
(3) - click on Desktop, then right-click and select Paste:

4. Copy the iTunes folder from the external drive to C:\Users\username\Music on the new computer so that the content is all in C:\Users\username\Music\iTunes
- Still in File Explorer:
(1) - click on the entry for the flash drive under My PC
(2) - right-click on the iTunes folder
(3) - select Copy:

- ... and then paste this into your Music folder:
(1) - select Music again
(2) - right-click in the window and select Paste:

- The iTunes folder will now be copied to your new machine
5. Now start iTunes on the new computer - your complete library, as it was on the old one, should now be available to you
6. Make sure that you have these two settings checked in Edit > Preferences > Advanced:

7. If you had any new music on the new PC, and copied it to the desktop in step 3, then in iTunes select File > Add Folder to Library...:

then:
(1) - select Desktop and double-click on the iTunes folder
(2) - select the iTunes Media folder
(3) - click Select Folder.

Once any music has been added to your new library, you can delete the iTunes Media folder on your desktop.
If you no longer plan to use iTunes on the old (Win XP) computer, you should run iTunes one last time and select Store > Deauthorize This Computer...