I'm also going to have to disagree with David on this one (at least as far as cPanel 11.30 goes). Yes, there is an option to change the DNS on the source server which also updates the email config so that email gets forwarded to the new server automatically. However, any web requests received on the old server for the moved domain are redirected to the cPanel 'Account Moved' page. This means that anyone who has the old IP cached (either locally or at their ISPs nameservers) and tries to visit the website after the move will see their website as down until the cached TTL expires and a new DNS lookup is done (ok, there is a helpful message explaining WHY it is down but this really doesn't help the customer who just wants to visit his website).
What that option does is explained in your documentation:
Copy Multiple Accounts/Packages from Another Server



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