So, Finally i am getting somewhere.
I followed catdudes suggestion and edit my /etc/hosts file and add
and mysite.dom to the line which assigns my ip address as follows:-
127.0.0.1 localhost localhost.localdomain
xxx.xxx.xx.xxx server1.mysite.dom server1 mysite.dom www.mysite.dom
Save the file
then lynx http://www.mysite.dom
brings up the homepage I downloaded via ftp earlier.
all i have to do is transfer accross all the e-mail accounts now...urggg...then transfer accross the domain name to the new ip....