AutoArchive Location change

We store the archive.pst files for our users in their home directory which changed to a different server and drive letter last year. Our users have 500 to 2 thousand folders in their inbox with the archive location set to the old server. I have changed the default location to the new server, is there a utility that will let me change locations on the 500+ folders and subfolders in the users inbox to the new location? This is very time consuming to do this manually for every folder and subfolder.

If there is not a utility, I am open to any ideas on changing these locations quickly and painlessly.