If all you want to do is copy one set of Favorites one time, you can use the Import and Export function in Internet Explorer. On the system that has the Favorites you want to copy over, use the Export function, then Import the created file on the system where you want the Favorites. For detailed instructions on how to do this, see this Microsoft article:
Import or export favorites in Internet Explorer
http://windowshelp.microsoft.com/Windows/en-US/Help/40889d4d-7758-4670-973d-e730a86706351033.mspxThis would be the best way to make sure you didn't overwrite your Favorites.