Will moving a directory under a module to CVSROOT work?

[Arcin Bozkurt]

Suppose a module and a directory under it :
CVSROOT/modulename/x-files/

if I move the directory x-files/ to
CVSROOT/newmodule/

does it behave like a module??? Any danger of doing this?

P.S. There are no tags or anything currently on these files and no 
dependencies of these files on anything else in the repository (and 
vice-versa)