Final cut studio 3 upgrade question

I have Final Cut Studio 2 and I am thinking about buying the upgrade to 3. And I am selling my final cut studio 2 to my little brother when he goes to college. My friend said that if I buy the upgrade version of FCS 3, that if something happens, I need to reinstall FCS 2 first then install the upgrade, that I can't clean install from the upgrade discs. Is that true? I haven't bought and upgrade version before. And I don't want to buy this and find out that I can't clean install from it.
Thanks!

To clarify...
If you have a full version of FCS2, and you purchase an upgrade to FCS3, you need the serial number from FCS2 to perform the upgrade. If your system crashes, or you need to do a fresh install, your FCS3 will be of no use without the serial number from FCS2. Selling it to your brother technically would mean you're running the same program on two separate systems. To do this the right way, purchase an older version of FCP and get a fresh serial for your install...
Blessings,
Craig

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