How can I migrate my itunes music and playlists from my old PC to my new macbook?

Hi
I have a approx 250 GB of music and itunes content to move to my new macbook pro (running Lion) from my PC laptop (Windows 7)
I'd like to retain all the playlists that I have painstakingly built over the past few years but I dont want to rebuild them all manually. I'm not concerned about retaining info on play counts etc, I want to copy all the media to the mac and replicate the playlists.
None of the media is in the default itunes location (normally in Music in My Documents), the iTunes Media folder lives in another folder on my harddrive called 'Audio etc'. The majority of the music files are in various subfolders I created manually and the newest stuff lives in the iTunes Media folder (since I recently told iTunes to organise new music for me).
When I've moved my music from PC to PC I simply copied all the itunes files and copied my music to folders replicating the same file paths as per the previous computer so the playlists are looking for the music files in all the right locations. Easy.
I considered copying all the itunes library files from the pc to replace the existing itunes files on my mac and copy across all my music (not sure where to put it though).
I expect the 'migrate files' setup wizard on the mac would help me in this situation or is it cleverer that I think?
One suggestion I read was to use the consolidate function in iTunes which will copy my entire collection to the iTunes Media folder and I assume will update the file locations for the playlists and library file then some how migrate that to the mac. Only problem is my harddrive will not have nearly enough space to have duplicate copies of all that music in the iTunes Media folder and it's original location at the same time.
Any suggestions?
I'm stupidly trying to do all this in time for a DJ gig tomorrow night but if I get desperate I'll just have to copy my music over and manually create some of my important playlists.
Thanks
Jon

This article should outline the options
http://support.apple.com/kb/HT4527

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