I had to move 700GB from Mac 3,1 to nMP. I tried Migration assistant using TB Firewire adapter in target disk mode and via GigE. At first, it wouldn't even work because I had Server installed. Annoying. When I uninstalled Server and tried again, it was going so sloooooowly after an hour, I took another approach. I have a USB3 card in the 3,1 so connected a new SATA drive (one I bought for the new array on the nMP) and did a full Time Machine backup. Took about 6 hours. Then swapped drive to the nMP and restored. Took about 3 hours.
Not sure why I struggled so much doing straight Mac<-->Mac connection, but, for me, using a fast disk in the middle turned out to be faster......
If I had planned in advance, a single fresh backup to a new empty fast drive would enable the fastest possible way to get nMP up and running.