Can I install Ilife 8 onto my macbook from my new iMac install discs?

I am confused!
I was in an Apple retails store yesterday checking out the new iMacs as I will shortly be buying one, a 24" 2.8Ghz model. As this will come loaded with Leopard and iLife 08 I was also planning on buying the DVD's of both ready to install on my Macbook so that both computers would be running the same versions of the OS and iLife. However, the salesperson I was discussing this with told me that I would be able to install iLife 08 onto my Macbook from the install disc that comes with my new iMac as the software is licenced to the user not the machine, thereby saving me from having to buy it.
Is this true? And what about Leopard?I always thought that the software discs only worked on one machine, i.e. the one it came with.

Here's a link to the Apple user agreement for iLife 08.
http://images.apple.com/legal/sla/docs/ilife08.pdf
Item 2 states that you may install iLife on ONE Apple Branded Computer. The family pack allows you to install on up to 5 in the same household.
The discs that come with your new iMac are specific to the iMac and should not be installed onto any other Mac. The retail version of Leopard can be installed on any Mac...but once again one license one machine.

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