OK, you are going from Premiere Pro to Final Cut Pro, so you need to find a way to transfer the Project into an XML file that the Apple application can read.
You can
export your Premiere Pro sequence as an AAF (advanced authoring format) from the application. There are some things that won't translate, but the link will detail those things.
Apple's Final Cut Studio 7 will
import AAF files (also exports them).
You are limited, in some cases, to a 2G AAF file if you are trying to include media in that file. But Final Cut should be able to batch-capture all of your media.
As to re-linking media, I cannot say that Final Cut will re-link. But an Apple Macintosh that runs OS X 10.5 or 10.6 can read all PC-formatted disk drives. Your Final Cut Pro editor should transfer all materials to his or her own drives (or array) on the Final Cut workstation and not work off a FAT 32 or NTFS drive, as FAT 32 limits file sizes to 2 Gigabytes and NTFS may not be supported in Final Cut Pro.
Do some tests first.
Also,
do not anticipate that Adobe Premiere Pro will work under Windows 7. There are at least two people in this forum with bad Windows 7 experiences with Premiere Pro.
What if there were no hypothetical questions?