12C and BO Reporting

Content

I was reading through the upgrade documentation to 12C for reporting, and we will be required to have our report writing account user mapped.  I understand why this is necessary given pending change.  The part that concerns me is the quote following from document 1525188.1:

"The current Scheduler Account for each zone will not be transferred, but rather a special permission for Scheduler privileges can be assigned to a single account."

We have a large number of scheduled reports being deployed by our scheduler, am I reading this correctly that those scheduled reports will not be transferred over?  I am not excited about the prospect of creating those schedules again not long after our upgrade to BO 3.1.  I love the idea of the scheduler privilege being moved over into a single account though.  Perhaps you can't have your cake and eat it too.