Try it. Make sure to check the correct folders in Mediabay so that folder is scanned. Once done you may need to right click on the plug’s GUI and Locate Contents, pointing to the new location. If it doesn’t work, move it back.
Another approach would be to re-install the content and see if it lets you choose the location.
In Mediabay, in the file structure, you need to check all the folders you want MB to scan. When you move the content to the new location, make sure to check the box next to the new folder in the tree.
Well, I got the paths working … but not sure about media bay yet … even though I pointed it and said it scanned. When I loaded an audio file that it said was there … ‘played’ and I could see the wav image … but no sound.