I've got a CED, and yes you are correct, it will do just exactly what you're looking to do. Here's a excerpt from the shootingsoftware.com web site concerning this:
Quote:
With the included PC serial cable and free CEDM Data Collector Utility you can download velocities directly to your personal computer. YOU DO NOT NEED A MODEM! Simply plug the Millennium Chronograph directly into a port, turn the Millennium on, click the download button, then the "PR/PC" key on the Millennium. In a few seconds the velocities stored in the Millennium's memory have been downloaded so you can store, print or edit the information.
Note: USB only PC's require a USB Adapter. Support for downloading from the chronograph is included in the RSI Shooting Lab for PC's and Macs.
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Or you can simply copy & paste the the info from the white data collector window as seen below.