Home folder redirect on Server2003 SE

I think I asked this some time ago in a 3-part question, and this part never really got answered. So I’ll try to be more specific…

If I set up home folder redirection for a few users, knowing that it will slow down their startup and shutdown, will that make their Outlook email, settings, and contacts available when they log in from a different computer? This is without an Exchange server, Outlook on the local PCs download email online from a Pop3 server. Microsoft states Application Data is redirected, but doesn’t specify exactly what application data, since there are a couple App Data folders (Are both redirected?)
Thanks for any help! TC