You need to check that. That is how it works, but a lot of those won't let you load settings in from a different version of the BIOS. ie it's fine for/loading saving different settings on the same BIOS, but won't help you if you update the BIOS and expect to load the old settings into the new BIOS.
Ah, damn. That sucks. I'll see what I need to do. Failing that it might be time to take a photo of every BIOS screen and then just copy the settings by hand.