Your reply makes sense, and that is what I suspected was happening. It's hard to get a straight and definitive answer about these droids. I even asked Verizon tech support if this procedure would transfer the apps from the old phone to the new phone. Most of the folks I talked to said they believed it "should" work, but they weren't sure. How's THAT for technical support!
Just to be safe, I wrote down the names of all the apps - nothing unexpected can happen if you have hard copy on paper. Let's just say I don't particularly trust these droid devices, which I still consider to be in the beta testing stage, and in this case, I suspected those transferred apps might not make it over, so I wrote down all their names. I also used that as an opportunity to weed out some of the apps I don't really need.